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Presented by
Richard Wang - Christine Norcross & Partners |
7201 Rum Bay DRIVE, #4122C, Placida, FL, 33946 | $74,000
Fractional Ownership. Fractional Ownership. This condominium is a quarter-ownership villa. With quarter ownership, an owner owns 6 two-week periods spread throughout the year plus a single week in January. Each year the ownership period adjusts so that over a four-year period each owner has access to all 52 weeks. The maintenance of the property is done through an on-site management company. Located in an intimate and exclusive vacation community, with access to the full facilities, services and amenities of Palm Island Resort. Enjoy 7 miles of natural Florida Beach! The villa features a wide-open living room and entertainment area leading directly to a full large, screened porch. The main suite has access to the linai too. The bath and dressing area features a large walk-in closet. The repairs from hurricane Ian damages are all completed; new roofs, new windows and sliding doors all impact in addition to new luxury laminate flooring throughout with new carpet in the bedrooms, new cabinets in kitchen, so it will be like new for you. Enjoy the sun, sand and the fun island life!
Features
- Heating: Electric
- Cooling: Central Air
- Levels: 2
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Laundry: Laundry Room
- Complex: CLUB VILLAS 01 AT PALM ISLAND R
- Year Built: 1989
- Approx Sq. Feet: 1,262
- Acreage: 0.18
- Est. Taxes: $0
- Condo Fee: $4,179 Quarterly
- Pet Policy: No
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: D6133941
- Days on Market: 13 days
- Website: https://www.raveis.com
/prop/D6133941/7201rumbaydrive_placida_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Richard Wang - Christine Norcross & PartnersSales Associate
510.213.3137
Richard.Wang@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Bob FlynnVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 6314
508.944.8218
Bob.Flynn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7201 Rum Bay DRIVE, #4122C, Placida, FL, 33946
$74,000
Richard Wang - Christine Norcross & Partners
Sales Associate
William Raveis Real Estate
Phone: 510.213.3137
Richard.Wang@raveis.com
Bob Flynn
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $59,200 | $59,200 | $59,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $394 | $393 | $499 |
| Total Monthly Payment | $469 | $468 | $574 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388