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Rare opportunity for affordable waterfront living in Placida with this spacious 1-bedroom, 1-bath condo located in the desirable Harbortown Village community offering Intracoastal Waterway views and stunning sunsets. The open-concept living and dining area opens to a private lanai, ideal for relaxing after a day on the water, the beach, or enjoying nearby coastal dining. Harbortown Village participates in the Palm Island Resort Program, providing owners with car ferry passes, complimentary water taxi access to the island, access to resort programs and amenities, off-season reciprocal golf privileges, tennis and fitness programs, complimentary beach lounge chairs, and additional resort benefits. The residence is VRBO-friendly, offering potential rental income if desired. Community amenities include a pool and spa, a waterfront pavilion, pet-friendly policies, a new HVAC system, and updated vinyl plank flooring in the primary bedroom. The on-site marina is planned for renovation as part of the Loggerhead Palm Harbour Marina redevelopment, with Phase One anticipated to begin in early 2026 and plans for an on-site waterfront restaurant, presenting an opportunity to purchase before redevelopment completion. Ideally located approximately 10 miles from Boca Grande, this premier coastal setting is also known as one of Southwest Florida’s most desirable tarpon fishing areas. Seller offering one year of paid HOA fees or the option to apply that value toward a rate buydown or closing costs with an acceptable offer closing on or before 3/15/26.
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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 |
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|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.178% | 5.628% |
| Monthly Tax Payment | $331 | $331 | $331 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,266 | $1,319 | $1,783 |
| Total Monthly Payment | $1,672 | $1,725 | $2,189 |
* 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.