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Cypress Grove at Palm Aire Country Club is a pet-friendly, meticulously maintained community often considered the crown jewel of Palm Aire. With residences that live more like east Broward single-family homes than typical condos, Unit 202 offers exceptional space and opportunity. Bright, clean, and ready for your vision, this 3-bedroom home features spacious living areas, ample closet space, en-suite laundry, and a screened patio. Residents enjoy two pools, clubhouses, scenic walking and biking paths, plus tennis, pickleball, racquetball, volleyball, a tot lot, and exercise pavilion. Minutes to shopping, dining, I-95, and the Turnpike. Association requires 20% down, 700 credit score, and no rentals for first 2 years. AI renovation rendering included in final photo. Welcome to Cypress Grove at Palm Aire Country Club — a pet-friendly, beautifully maintained community that many consider the crown jewel of Palm Aire. The residences here offer the kind of space rarely found in today's condo market, with room sizes more comparable to east Broward single-family homes than traditional condominiums. Whether you're rightsizing from a larger home or taking the exciting first step into homeownership, Unit 202 offers an incredible opportunity. Bright, clean, and full of potential, this 3-bedroom residence is a blank canvas ready for your personal vision. Spacious living areas, generous closet space, en-suite laundry, and a screened patio create the foundation for a home designed around your lifestyle and taste. Beyond your front door, Cypress Grove offers two pools, clubhouses, and miles of scenic, park-like walking and biking paths. Residents also enjoy access to a community park featuring tennis, pickleball, racquetball, volleyball, a tot lot, and an outdoor exercise pavilion. Ideally located just minutes from shopping, dining, I-95, and the Turnpike, you can get virtually anywhere with ease. Association requires a 20% down payment and a minimum 700 credit score. Rentals are not permitted during the first two years of ownership.
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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 | $172,000 | $172,000 | $172,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $183 | $183 | $183 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,045 | $1,086 | $1,428 |
| Total Monthly Payment | $1,303 | $1,344 | $1,686 |
* 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.