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Enjoy coastal living in this like-new 2-bedroom, 2-bath villa with a den in Palm Lake at Coco Bay. Ideal for snowbirds, full-time homeowners, or investors, this move-in ready home features a bright, open-concept layout with tile flooring throughout, a tile roof, and a private 2-car garage with epoxy finish. The tile roof's built-in air gap and thermal mass provide natural attic cooling, improving energy efficiency and potentially reducing cooling costs. The kitchen features quartz countertops, shaker-style cabinetry, and stainless steel appliances, opening seamlessly to the living and dining areas-ideal for everyday living and entertaining. The spacious primary suite includes a walk-in closet, dual sinks, and a large tiled shower, while the guest bedroom and versatile den provide flexibility for visitors or a home office. Step outside to a private screened lanai and paver patio, complete with a privacy fence and no rear neighbors, offering a peaceful setting to relax and enjoy Florida living.
Built for peace of mind, the home includes impact-resistant windows and sliders and is located in an X flood zone. Solid construction is designed for coastal conditions.
With a low HOA fee of $253/month, ownership is simple and efficient, including landscaping, grounds maintenance, and internet service. Residents enjoy resort-style amenities, including an amenity center and clubhouse, resort-style pool, fitness center, pickleball courts, and playground.
Ideally located just minutes from Englewood Beach and Boca Grande, as well as shopping, dining, and everyday essentials. This property offers flexibility as a primary residence, seasonal retreat, or investment opportunity. Furnishings may be available separately.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$285,000
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 | $228,000 | $228,000 | $228,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $454 | $454 | $454 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,366 | $1,422 | $1,878 |
| Total Monthly Payment | $1,895 | $1,951 | $2,407 |
* 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.