Immediate Golf Membership Available for purchase at The Colony Golf Club with this unit. Located in Palermo, one of The Colony’s luxury towers with unique proximity to Estero Bay. Step off the elevator into your own spacious private lobby and prepare to be astounded as you step through double entry doors into this fully furnished 3200+ SF Sky Home. Views go forever from this 18th floor corner unit that expands to over 4, 000 SF when including the enormous open and screened lanais. Panoramic views in almost all directions including south to Naples and West to Estero Bay and Gulf and Ft Myers Beach. The lanais offer multiple seating options and one is complete with electric hurricane shutters. The unit has been freshly painted in light tones and with walls of tall sliders and picture windows the lines are blurred between inside and out. The home includes marble and wood floors in all rooms, large living/dining area, combined kitchen family room and breakfast room and expansive front to back master suite with spa type bath with its own slider to lanai. Two ensuite guest rooms complete the package. Unit includes two parking spaces in garage and Air-Conditioned secure storage room. Amenities at Palermo include two story entrance lobby, Fitness room, resort style pool and Hot Tub, private theater and private guest suites. Amenities at The Colony include the newly renovated Bay Club with formal and informal waterfront dining on two levels, 34 Acre Island Beach Park accessible from private boat shuttle and a kayak & canoe park
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Our Executive Mortgage Banker:
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$1,675,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,340,000 | $1,340,000 | $1,340,000 |
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% | 6.851% | 6.790% |
Monthly Tax Payment | $1,641 | $1,641 | $1,641 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,580 | $8,691 | $11,765 |
Total Monthly Payment | $10,346 | $10,457 | $13,531 |
* 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.