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Minutes to THREE GULF COAST BEACHES! Welcome to the GATED, MAINTENANCE FREE and Very Friendly Community of Oak Forest. This Devonshire Floor Plan with 2 bedrooms, 2 bathrooms, with 2 car garage waits for you! The EXTREMELY LOW HOA FEES of only $262 / month includes LAWN, SHRUB, IRRIGATION, and COMPLETE LANDSCAPE MAINTENANCE, as well as BASIC CABLE TV and use of all of the wonderful community recreational facilities. Upgrades, highlights and improvements include high ceilings, newer AC, Dishwasher and Refrigerator! An upgraded beautiful Glass Front Door, Beautiful Wood Kitchen Cabinetry and Corian Countertops. This Villa is quite unique in having both front and rear lanai areas for entertaining and enjoying the Florida sunshine and outdoors. The front lanai area is gated and a paver walkway leads to the second Lovely, Private and Rear Screen Lanai Area with Brick paver Patio. The Primary Bedroom is spacious, with beautiful Bay windows, an ensuite bathroom with walk-in shower and an oversized and spacious Walk-In Closet! And TO MAKE IT EVEN MORE DESIRABLE, THERE ARE NO CDD FEES, LOW TAXES and this villa is located in an X Flood Zone (where flood insurance is not required by lenders). Oak Forest is very active resort style community with a clubhouse which has year-round events and activities, a social committee, fitness room, library, game room, bocci ball, pickle ball /tennis courts, a community pool which has both a HEATER and a CHILLER (to provide year-round comfort). This fabulous and very desirable community is just minutes from shopping, dining, Downtown Englewood, Lemon Bay Playhouse, Downtown Venice, Venice Art Center, and much more! Please schedule your showing TODAY, while this opportunity awaits,
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.900% |
| Monthly Tax Payment | $280 | $280 | $280 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,439 | $1,497 | $1,977 |
| Total Monthly Payment | $1,794 | $1,852 | $2,332 |
* 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.