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Paradise Reserve – On Top of The World’s exclusive gated community - This 3 bedroom, 2 bath condo is located in the desirable Preserve section of the community. With over 1300 square feet, this turn-key condo has a unique layout, waterproof laminate tile throughout the central space, and plenty of natural light. The living and dining room flow easily into the kitchen, perfect for entertaining. The updated kitchen is light and bright with stainless/black appliances, custom backsplash, stone-look countertops, and a large pantry. The Master Suite is complete with a walk-in closet and ensuite tiled bath. The master bath has a walk-in shower with a bench seat and an updated vanity. Bedroom 2 is spacious with a large wall closet and shares the hall bath with an updated vanity and tiled shower/tub combo. Bedroom 3/Flex room has tray ceilings, built-ins, and a large wall closet hidden behind the bookshelves with ample storage. The inside utility room is complete with a washer and dryer as well as additional storage. The unit is located in a non-evacuation zone and 60 ft above sea level, and with updated impact windows, you can have peace of mind during storms. The condo is on the second floor near the elevator, one of the few buildings with two elevators. The building has a community storage room, with this unit having a private wooden cabinet. Assigned parking space near the unit. HOA fees include water, sewer, trash, cable/internet, as well as the various community amenities. The 55+ community has two activity centers, and two private golf courses with 9 and 18 holes, free exclusively for resident owners. There are two heated swimming pools. The remodeled Cardio Gym has the latest exercise equipment. A very pet-friendly community, there is a fenced dog park with covered seating. There are hobby studios and a woodshop for the exclusive use of the residents. Activities include fitness classes, dancing, clubs, cards, billiards, entertainment, classes, and much more. The on-site Good Karma Café has snacks and take-n-bake meals. The OTOTW community has free bus service as well as additional transportation options available, including wheelchair service. A variety of medical resources are located nearby. Close to shopping, restaurants, and entertainment. Come take a look…You’ll like what you see!
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 |
|
|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.292% | 5.609% |
| Monthly Tax Payment | $251 | $251 | $251 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,249 | $1,337 | $1,783 |
| Total Monthly Payment | $1,575 | $1,663 | $2,109 |
* 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.