LOWEST PRICE IN PERICO BAY CLUB! PRICED TO SELL! Light and bright upper level 2 bedroom 2 bath Perico Bay Club condo! Endless million dollar views & breathtaking sunsets & still priced to sell at only 400k! NEW ROOF is scheduled for replacement early 2024! Prepare to be impressed with 2 spacious bedrooms with tons of cheerful, natural light, 2 bathrooms, newer coastal luxury vinyl throughout, vaulted ceilings & relax on your screened in lanai overlooking the water. Meticulously maintained 24 hour guard gated community with mature, lush landscaping, pool, spa, clubhouse, fitness center, library, kayak launch & carport all included & located on SR 64 just a few minutes from Anna Maria Island. Walk, ride your bike on the bike path, or drive, you're just that close to the sugary sand Anna Maria Island beaches & free island trolley! Surrounded by water and pristine nature, Perico Bay Club is a one of a kind resort style community located in between shopping and dining at 75th & Manatee in Bradenton or just head west to the beach and you're right by the Anna Maria Island Bridge, Pier 77 Safe Harbor marina, Compass Hotel, Margaritaville, Floriday's restaurant & Neal Preserve. Public transportation stops along right outside the community along SR64 (Manatee Ave W) or hop on your bike and head out to Robinson Preserve for a bike ride or walk. Perico Bay Club has an abundance of wildlife in the community such as herons, ibus, cranes & ducks & an abundance of sidewalks & slow speeds for safe walking/bike riding. There is addl storage for bikes & kayaks. Do not miss out! This is an active & friendly community that has regular get togethers & is wonderful for your primary residence, second home or your property could be rented out for addl income with a minimum 3 month rental restriction.
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Our Executive Mortgage Banker:
Our Insurance Division:
$340,000
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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $392 | $392 | $392 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,810 | $1,808 | $2,294 |
Total Monthly Payment | $2,277 | $2,275 | $2,761 |
* 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.