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Enjoy South Florida living in this light-filled 2BD/2BA condo in Mariner's Cay; a gated, resort-style Intracoastal community. This split-bedroom floor plan features 18" tile laid on the diagonal throughout, large windows and sliders for abundant natural light, a spacious balcony, and an open layout ideal for both everyday living and entertaining. The kitchen is appointed with granite countertops, classic white subway tile backsplash, white cabinetry, a deep stainless steel sink, Samsung stainless steel appliances, and a pantry. Situated just off the kitchen you will find a convenient laundry area, plus a dedicated office nook providing added functionality - perfect for remote work or additional storage. The primary suite offers a walk-in closet and an ensuite bath with granite dual-sink vanity and tub/shower combination. A pocket door off the main living area opens to a private guest suite with a walk-in closet and full bath featuring a quartz-top vanity and tub/shower combo. Updates include a 2023 roof, 2018 A/C, and 2022 water heater. Mariner's Cay offers residents a true coastal lifestyle with private beach and waterfront clubhouse with pool, spa, fitness center, billiards room and more - all just minutes from beaches, airports, dining and entertainment. Don't miss this opportunity to live in one of the area's premier waterfront communities!
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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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $321 | $321 | $321 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,601 | $1,642 | $2,159 |
| Total Monthly Payment | $1,997 | $2,038 | $2,555 |
* 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.