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Join the maintenance-free community of Fairway Trace at Peridia designed for easy living and connection. This 2BR/2BA first-floor condo offers a beautiful, centered lake view, ideal for peaceful mornings and relaxing evenings. The kitchen features granite countertops, adding both style and functionality. Hurricane-impact windows provide added peace of mind and year-round comfort. The A/C system equipped with a surge protector was replaced in 2020 with the addition of a UV-V light in 2024 for enhanced air quality. Whether you’re searching for a full-time residence or a part-time retreat, this home supports convenient, low-maintenance living. The thoughtfully designed layout allows for easy access and everyday functionality, while the serene water view creates a calm, welcoming atmosphere. Enjoy a community where neighbors naturally connect. Each building includes a detached garage with one assigned parking space per unit. Fairway Trace is situated within Peridia Golf & Country Club, a community known for its extensive recreational and social offerings. Amenities available to residents include an 18-hole executive golf course, tennis and pickleball courts, an active clubhouse, live entertainment, water aerobics, Mahjong, and a variety of organized clubs. Peridia members enjoy exclusive events held throughout the year, supporting an engaging and active lifestyle with ample social opportunities. Applicable fees include a one-time Capital Reserve contribution of $4, 000, an Annual Food/beverage Minimum of $450, a Quarterly Master Association fee of $938, and a Quarterly Management fee of $1, 465. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $261 | $261 | $261 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,100 | $1,178 | $1,588 |
| Total Monthly Payment | $1,436 | $1,514 | $1,924 |
* 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.