C12651 - MOTIVATED SELLER! Bring your boat, worry free living! Highly desirable and updated first floor gulf access condo under $170, 000! This beautifully maintained condo comes equipped with an abundance of natural sunlight beaming through the windows, mature landscape views, and enchanting canal views from every room. Throughout the home, one will find the main bedroom containing two closets and an ensuite bathroom. The second bedroom contains a large closet and is perfect to use as guest quarters or even an office. The living and dining room has ample space and comes equipped with a sliding glass door that connects to the Florida Room. The Florida Room is perfect for morning coffee, afternoon lunch, and evening cards. This community is professionally managed and features a BBQ area, common laundry/extra storage, boat ramp/docks/slips, large sparkling heated pool, shuffleboard, walking trails, and clubhouse/room areas. The HOA fee includes: water, cable, flood insurance, and more. Tropic Terrace is within walking distance of grocery stores, shopping, and dining. Spend more time enjoying Florida life, and less time worrying about maintenance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$136,000
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 | $108,800 | $108,800 | $108,800 |
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 | $117 | $117 | $117 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $724 | $723 | $918 |
Total Monthly Payment | $916 | $915 | $1,110 |
* 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.