This well maintained 2 Bedroom, 2 Bath condo is located in the Pet Friendly Avalon Community in Pelican Bay. Easily walk to the new proposed Pelican Bay pickle ball courts to be located behind Avalon. Enjoy your morning beverage while relaxing on your lanai admiring the soothing lake views. Your Kitchen has plenty of counter space with all stainless appliances. The Split bedroom floorplan is ideal for guest privacy. Laundry room with deep Laundry Sink. Keep your car out of the Florida sun in your one car detached garage. This unit is within walking distance to the Burm where you can pick up a ride to the Beach and Pelican Bay Private Beachfront Restaurant. There are numerous social activities as a member of Pelican Bay that you can take part in: hiking, tennis, biking, kayaking or visit the wellness center or full service fitness center. Bask in the sun on the pristine attended beaches where you can have chairs, umbrellas and cabanas set up just for you. You are just a short distance to Naples Performing Arts Center and the many exceptional shopping and dining opportunities in the Waterside Shops, The Pavilion and The Mercato. Avalon has a club area with a swimming pool, lap pool and a soothing spa where you can entertain guests under the covered outdoor kitchen area. There is a community grill just across the street from this unit. Living here in Avalon in Pelican Bay is an all-inclusive experience, so no need to look any further.
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Our Executive Mortgage Banker:
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$769,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $615,920 | $615,920 | $615,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $308 | $308 | $308 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,202 | $4,094 | $5,194 |
Total Monthly Payment | $4,602 | $4,494 | $5,594 |
* 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.