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This ground-floor, inlet-front condo in the newest building at Cove Cay offers a comfortable, easygoing waterfront lifestyle with a front-row seat to nature. Starting with an assigned parking space across from the front door for easy access and minimal stress when bringing in the groceries, you will enter to the functional kitchen, with a pass-through to the living area. And it comes complete with stackable laundry for everyday convenience. . The two-bedroom, two-bath home features nicely updated bathrooms and newer light-toned waterproof laminate flooring throughout. The very light and bright interior adds to the happy feeling of this delightful condo. Sliding doors from both the living room and primary bedroom open to a screened porch overlooking the inlet, where manatees, fish, and a wide variety of birds are frequent visitors—an ever-changing natural backdrop you’ll never tire of. Assigned parking is just steps from the front door. The Village clubhouse with pool, spa, and recreation area is close by and now includes a newly added fitness room. And the golf course is walking distance, if you like, or a super short drive. With golf, dining, marina access, lush landscaping, and 24-hour security within the community, this condo offers the relaxed yet well-appointed lifestyle in the paradise known as Cove Cay.
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Our Executive Mortgage Banker:
Our Insurance Division:
$139,900
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 | $111,920 | $111,920 | $111,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | $264 | $264 | $264 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $635 | $670 | $900 |
| Total Monthly Payment | $974 | $1,009 | $1,239 |
* 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.