BEAUTIFUL WATERFRONT TWO BEDROOM DOWNSTAIRS UNIT -- READY FOR NEW OWNERS - MOVE IN READY - METICULOUS CONDO ON ONE OF THE VERY BEST WATERFRONT CONDOS IN THE MOORINGS LOCATED IN #1 MASTERPLANNED COMMUNITY IN THE UNITED STATES! ENJOY RESORT-STYLE LIVING ON 168 ACRE LAKE UIHLEIN IN THE “HEART OF LAKEWOOD RANCH”. Nothing in Lakewood Ranch compares to The Moorings at Edgewater and this perfect location in the heart of Lakewood Ranch. This 2 Bedroom 2 1/2 Bath (plus den) spacious ground floor unit is boasts of a BREATHTAKING and Spectacular view of Lake Uihlein with views of both Sunrise and Sunsets. Features include Spacious kitchen complete with granite countertops, cherry cabinets, including a wine refrigerator, plantation shutters throughout, surround sound system, central vac, crown molding, and his and her custom walk-in closets in the master bedroom. This lakefront condo is a rare find in the gated community of The Moorings at Edgewater, located in the heart of Lakewood. Well maintained condo features tile floors though the main living areas… two car garage with storage cabinets. Close distance to Lakewood Ranch Main Street dining venues, shopping, movies, events, music every first Friday of the month. Lakewood Medical Center is across the street. The Moorings at Edgewater, a highly sought after private and gated community where only residents have access to a private pier, gazebo and private island plus fabulous amenities which include Resort-style heated pool, Indoor and outdoor kitchen, Fitness center, Tiki hut, Pool table, Bocce ball all for their convenience. This condo is a first-floor unit with 2 spacious Bedrooms with ensuite bathrooms, plus a den, and a powder room or half bath for guests, 2 car garage, screened in lanai with spectacular views of the lake. The Moorings has a Boat Club with membership of $25. 00 per year. UTC Mall (Newest Mall in America) and entrance to I-75 nearby. Centrally located near Sarasota/Bradenton. Don't miss this special Home. All Disclosures, FAQ is attached. Please verify all measurements. Please submit offers on FR/FB with Proof of Funds with Pre-approval letter. Roof assessment has been paid. New roofs on all buildings in The Moorings. Easy to show.
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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 | $527,200 | $527,200 | $527,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,596 | $3,504 | $4,520 |
Total Monthly Payment | $4,066 | $3,974 | $4,990 |
* 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.