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Welcome to Pine Island Ridge, Davie's Premier Country Club Community. Discover effortless Florida living in this beautifully remodeled 1-bedroom, 1-bathroom condo (645 sq ft) nestled within the coveted Pine Island Ridge Country Club. Overlooking the lush golf course from a private screened patio, this move-in-ready residence offers an exceptional blend of style, comfort, and value. Inside, you'll find updated laminate flooring throughout, a modern kitchen appointed with granite countertops, a designer backsplash, and brand-new stainless steel appliances. The fully renovated bathroom and hurricane-impact windows round out an impressive list of upgrades — all ready for you to enjoy from day one. Ownership here comes with automatic membership to the Pine Island Ridge Country Club, granting access to an enviable array of amenities: an executive golf course with bag storage, two pools, tennis, pickleball, bocce ball, basketball, a kids' park, his-and-hers sauna and steam rooms, a fully equipped fitness center, billiards, scenic walking trails, and two on-site restaurants and lounges. A $150 annual (yes, only $150 per year) deposit is credited directly toward dining at the elegant clubhouse restaurant. The HOA of $515/month (inclusive of the current assessment of $123. 41 which will end on 4/1/2036) covers water, sewer, cable, high-speed internet, building insurance, and roof maintenance, offering outstanding value in a well-managed community. Major capital improvements are already underway, including a brand-new roof, concrete restoration, and fresh exterior painting. Ideally situated in the heart of Davie, Pine Island Ridge places you minutes from Nova Southeastern University, Fort Lauderdale International Airport, I-595, I-75, and the Florida Turnpike. Two shopping centers at the community entrance — including Publix, a movie theater, and a wide variety of restaurants — put everyday conveniences at your doorstep. Top-rated Davie schools complete the picture. Please note: no rentals permitted during the first two years of ownership. Seller is motivated and ready to work with buyers and realtors. An opportunity like this rarely comes available — schedule your showing today!
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William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $119,200 | $119,200 | $119,200 |
| 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 | $252 | $252 | $252 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $734 | $753 | $990 |
| Total Monthly Payment | $1,061 | $1,080 | $1,317 |
* 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.