***$20, 000 Price Reduction*** One of the LOWEST Priced condos in Burnt Store Marina! Don't miss this fantastic opportunity. Escape to the serene charm of Burnt Store Marina with this inviting 2-bedroom, 2-bathroom condo that doubles as your ideal getaway or rental opportunity. Tucked away in a peaceful community, this residence provides a comfortable retreat for those seeking a laid-back lifestyle amidst the beauty of Southwest Florida. Large French doors open on to the screened lanai which offers a private space to unwind and enjoy the tranquil views of the golf course and the 5th hole green. Two comfortable bedrooms provide a master suite with ample closet space and a second bedroom for your guests. Priced to sell quickly and conveniently located just 13 miles from the Punta Gorda airport, this condo is furnished/turnkey which makes your getaway even simpler. The true allure of this condo lies in its access to all that Burnt Store Marina has to offer including a full-service marina, a 27-hole executive golf course, fitness center, tennis, pickleball and a waterfront restaurant. Beyond Burnt Store Marina with its proximity to Punta Gorda and Fort Myers, this condo is a gateway to the region's shopping, dining, and cultural attractions. Embrace the opportunity to own a slice of tranquility in Burnt Store Marina, whether it's for your personal escape or a rental venture. This 2-bedroom, 2-bathroom condo is the perfect blend of comfort and accessibility, providing a delightful retreat in the heart of Southwest Florida's captivating landscapes. Discover the getaway potential that awaits in this charming coastal community!
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Our Executive Mortgage Banker:
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$235,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.789% | 7.133% | 6.256% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,235 | $1,250 | $1,585 |
Total Monthly Payment | $1,544 | $1,559 | $1,894 |
* 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.