**Impressively UPDATED CORNER UNIT of nearly 2700sf in THE OAKS’ NEWEST CONDO TOWER** in the Luxury, Mid-Rise, Meridian Condo Complex features 3 En Suite Bedrooms, 3 Full Baths and 2 Assigned Parking Spaces and is located behind the Secure Gates of the highly sought after Oaks-Preserve neighborhood. As you emerge from your Private Elevator and foyer entrance, you will be enthralled by the Light and Bright, Open Floorplan and enviable views from this “stand alone” tower which overlooks the adjacent Pool and amenity center while the screened and Spacious Balcony offers a serene setting where you can view the wonderful wildlife and nature preserve! The recently updated kitchen boasts Granite countertops, solid wood cabinets, premium stainless steel appliances including Bosch French-door Oven, Bosch dishwasher and Bosch Induction cooktop while the adjacent and well-equipped, Custom Wet Bar is a welcome addition for ease of entertaining. An expansive Primary Bedroom suite features multiple walk-in closets, custom tiled shower, soaking tub and dual vanities. Additional attributes include engineered hardwood flooring, custom Plantation Shutters, HURRICANE IMPACT Windows and Sliding Doors, NEW TRANE HVAC (2021) and Climate-controlled Storage. Meridian Condo residents enjoy private amenities including heated Pool & Spa, Fitness and outdoor grill in addition to The Oaks Club’s main campus of amenities. THE OAKS is a distinguished country club community which boasts many accolades including: Platinum Club of America, Emerald Club of the World and Elite Distinguished Club of the World - where amenities include Two, 18-hole Championship GOLF courses, Award-Winning TENNIS program with 12 har-tru hydro-grid tennis courts, 4 PICKLEBALL courts, state-of-the-art FITNESS center and junior olympic, heated community SWIMMING POOL. THE OAKS is just minutes from nationally ranked Pine View School, the Legacy Bike Trail, Area Beaches and all that Gulf Coast living has to offer. Membership is required and available. **MUST SEE!**
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,456 | $4,459 |
Total Monthly Payment | $3,876 | $3,785 | $4,788 |
* 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.