Rarely, is there and opportunity to rent in the much sought-after Port of the Islands community of Orchid Cove.
This beautiful condo has stunning lake views from the living area, kitchen and master bedroom. With a private, attached garage you will walk up a few steps to enter into the family room of the recently updated 2nd floor condo. The open floor plan is highlighted by a vaulted ceiling with sliding glass doors opening out to the deck where you can enjoy your morning coffee or watch the sunset. Both bedrooms are beautifully decorated and there is a murphy bedroom in the den. Orchid Cove has it's own clubhouse, swimming pool with spa, pickleball and tennis courts. Across the street you will find Port of the Islands Marina which is a true boaters paradise, with direct access not only to the gulf of Mexico and the Everglades. Located just 30 minutes from the fine dining and hustle and bustle of Naples 5th Avenue. Orchid Cove provides the peace and tranquility of nature and outdoor living. . . boating, fishing, kayaking and hiking right out your door. Close by is a public shooting range as well as 2 public golf courses. Rental March 2024 - December 2024. Pet approval by Landlord.
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Our Executive Mortgage Banker:
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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 | $1,840 | $1,840 | $1,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $12 | $16 |
Total Monthly Payment | $87 | $87 | $91 |
* 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.