PRICE ADJUSTMENT! Welcome to this gorgeous 3 bedroom 2 bathroom condo in the very popular community of Burnt Store Lakes. Acapulco Place is a small condo complex featuring ONLY 12 units that share the pool, spa, and large parking area. The roof was replaced in 2021 and survived IAN with flying colors! This second-floor end unit feels more like a home than a condo with its spacious great room and split bedroom floor plan AND it INCLUDES MOST OF THE FURNITURE! A stair lift has been installed to easily ascend the stairs - or to help haul groceries! Extra side windows are a bonus and let in plenty of natural light. Sliding doors, which are impact-rated (along with all of the other windows) line the far wall and lead to your private lanai with a fantastic view of the pool area surrounded by beautiful Royal Palms. The kitchen features granite countertops and wood cabinets. The spacious master bedroom features a walk-in closet and a large master bathroom. This condo boasts spacious storage spaces not only in the garage but also in the third bedroom with its spacious walk-in closet. Burnt Store Lakes is a deed-restricted neighborhood that is just minutes from Burnt Store Marina. You can jump in your golf cart and head to the marina to check on your boat, have dinner at one of the three Marina restaurants, or visit neighbors in the "Lakes" or Burnt Store Marina. Living in this community is the BEST of ALL WORLDS! This community has 11 lakes, a park with a private kayak launch, and direct access to Charlotte Harbor via kayaks!
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$285,000
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 | $228,000 | $228,000 | $228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,575 | $1,515 | $1,955 |
Total Monthly Payment | $1,867 | $1,807 | $2,247 |
* 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.