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Welcome to an excellent opportunity in The Laurels at Margate, a lush and peaceful all-ages community known for its tranquil environment and unbeatable convenience near shopping, dining, and major highways. Newly paved parking is coming soon, adding even more value.
This inviting condo is designed for both comfort and entertainment, featuring built-in projectors in the living room and the primary bedroom for a true home theater experience. The updated kitchen, spacious bedroom, and generous closet space add practical everyday comfort.
Ideally positioned in a family-friendly area of the community, you’ll enjoy easy access to the sports center, beautiful pool, clubhouse, and an array of outdoor amenities including basketball, soccer, tennis, barbecue areas, and scenic paths. With Cypress Creek just behind the community, the setting offers a unique blend of nature and neighborhood convenience.
The location is truly exceptional—directly across from The Lakeside Shopping Plaza with Walmart, Marshalls, and more, minutes to the Turnpike, 441, hospitals, and just 12 minutes to the Pompano Beach Pier for oceanfront restaurants, hotels, and entertainment.
Financing & Association: Purchase with as little as 5% down. The community has reserves and strong insurance. COA requires 3 months escrow upon approval. DTI below 40% and minimum credit score 650. Up to 2 cars and 2 pets (under 35 lbs. ) allowed. No special assessments.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$174,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $139,920 | $139,920 | $139,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | $160 | $160 | $160 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $839 | $873 | $1,153 |
| Total Monthly Payment | $1,074 | $1,108 | $1,388 |
* 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.