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Welcome to the peaceful side of South Florida living. Nestled within the highly sought-after Laurels at Margate, this beautifully maintained 2 /2 unit offers a tranquil retreat surrounded by lush greenery and serene canal views in a desirable all-ages community. Wake up to the sound of birdsong and enjoy your morning coffee overlooking the water, far from traffic and city noise. Inside, the thoughtfully renovated kitchen serves as the heart of the home, while spacious bedrooms and generous closet space provide the comfort and functionality today's buyers appreciate. The convenience of an in-unit washer and dryer makes everyday living effortless. Beyond your front door, the community invites an active yet relaxed lifestyle. Take a refreshing swim in the heated pool, enjoy a match on the tennis courts, work out in the fitness center with modern equipment, or gather with friends at the barbecue area and clubhouse. Scenic walking paths wind throughout the beautifully landscaped grounds, creating the perfect setting for daily strolls. Residents of Laurels at Margate enjoy the rare combination of a quiet, well-maintained neighborhood and a welcoming all-ages environment. Ideally located just minutes from shopping, dining, everyday conveniences, the Florida Turnpike, and State Road 441, this community offers exceptional accessibility without sacrificing peace and privacy. Plenty of reserves in the budget, Reserves Study, City certificates, good Master Insurance, 5% DP Conventional
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:
$199,500
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 | $159,600 | $159,600 | $159,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $192 | $192 | $192 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $956 | $1,008 | $1,315 |
| Total Monthly Payment | $1,223 | $1,275 | $1,582 |
* 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.