Under contract-accepting backup offers. Motivated Seller!!!! This 485sf studio is just what you have been waiting for! From the moment you arrive in the well maintained, coastal community of Sea Towers, you will be impressed, but then when you pull up at the Lexington building with the most fabulous view in the community, you will want to call it home! When you step into this studio, you will be walking straight into a spectacular view of the Gulf of Mexico and the intercoastal, all in one breath-taking glance! Once you take your eyes off the view of the Gulf, you will see to your left, the cozy bathroom and to your right is the utility room(inside are the AC handler and water heater for easy access), a few more feet will lead you to the updated kitchen, and on to the homey feel of the living/dining/sleeping space. The owner has taken pride in this studio with a fresh coat of paint throughout, updated electrical panel, hurricane impact windows/front door, camera doorbell, keyless entry, Monogram Fridge, Wolf Range, and updated ceiling fans and light fixtures. If visiting this studio doesn't seal the deal, then go take a look at all the community has to offer- a relaxing tropical landscaped walking path around the lagoon, fishing piers, clubhouse with a full time social director, 2 community pools, activities year around, fitness center, tennis courts, shuffle board and so much more! Within walking distance you will find the American Legion, grocery stores, restaurants, and entertainment and a short 1-mile drive over the bridge will lead you to the beautiful Gulf beaches. Minutes to Seminole City Center and the VA Hospital. The Milestone and Structural Inspection has been completed for the Lexington Towers Condos! Great investment property or snowbird getaway!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $112,799 | $112,799 | $112,799 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $50 | $50 | $50 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $769 | $760 | $967 |
Total Monthly Payment | $894 | $885 | $1,092 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.