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Ground floor two bedroom/two bath unit fully remodeled condo is being sold as turnkey furnished. This unit at Runaway Bay stands out as one of the finest in the community. Every detail has been thoughtfully upgraded, including plantation shutters, crown molding throughout, solid one-panel interior doors, and new white/gray veining quartz kitchen countertops. The kitchen is beautifully appointed with pull-out trays and soft-close cabinetry for effortless functionality.
A rare highlight of this unit is its expanded primary bathroom with a spacious walk-in shower—a feature found in only a select few condos within Runaway Bay.
Centrally located within the complex, the condo offers a peaceful lake view and convenient access to both the beach and the community pool.
With its high-end finishes, prime location, and turnkey appeal, this property has strong rental potential, producing an estimated $75k in gross annual rentals.
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Our Executive Mortgage Banker:
Our Insurance Division:
$560,000
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
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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 | $448,000 | $448,000 | $448,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $655 | $655 | $655 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,579 | $2,869 | $3,720 |
| Total Monthly Payment | $3,325 | $3,615 | $4,466 |
* 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.