This is your opportunity to own a true piece of paradise in the sought after community of Cielo at the Colony Golf and Bay Club. This highly desirable condo lives more like a home with almost 3, 000 sq ft of upgraded luxury including a chef’s kitchen with stainless appliances, a gas cooktop and in the breakfast nook, dual wine and beverage coolers topped by granite counters and backsplash. Opening the hurricane proof, negative-edge sliders brings the restorative nature of SWFL and Gulf breezes into this stylish condo but also leads outside to an immense wraparound lanai area with tranquil water views of the lake, towering fountains and the pool that appears to float effortlessly above the lake. Coming home is always quick and easy from your secured elevator that only serves 8 units in the building and deposits you directly into your private, in-residence vestibule. From there if you head to the right wing of the condo you will find the master suite with a spa sized bath that includes a dual vanity, large soaking tub and massive shower with dual shower heads. A spacious walk-in closet and a private lanai with water views makes this master suite truly special. The left wing of the home features two sizable guest bedrooms with en suite baths, the laundry, powder room and the den which also has its own private lanai. Colony residents enjoy access to The Bay Club which offers two stories of elegant waterfront dining and a 34 acre, private beach island just a short boat trip away (charters leave every half hour). Enjoy an active lifestyle with tennis, pickleball, bocce, canoeing, a kayak park and full fitness center with no additional fees (membership at The Colony Golf and Country Club featuring two golf courses is optional). Some of the best shopping and dining are just steps away at Coconut Point and SWFL regional airport is a short 30-minute trip door to door. The condo also includes 1 garage parking spot and 1 lake view, under pergola parking spot (a large storage room and separate bike storage are also featured in the garage). Everything you want from the Florida lifestyle is here at Cielo!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,449,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,159,920 | $1,159,920 | $1,159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,422 | $1,422 | $1,422 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,427 | $7,523 | $10,184 |
Total Monthly Payment | $8,974 | $9,070 | $11,731 |
* 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.