COLONY COVE SENIOR 55 AND OVER MOBILE HOME PARK / COMMUNITY Colony Cove is an inexpensive, friendly senior 55 and over Mobile
Home Park. The Park is a waterfront retirement community off the Gulf Coast of west central Florida. Seasonal and full time manufactured / mobile home residents boat, fish, swim, enjoy nearby Gulf beaches and parks and have an active social / community agenda. We’re proud of our well maintained park, its picnic area, marina, docks, boat / RV storage, clubhouse and 288 homes. Colony Cove is a friendly park, with residents proud to bring friends and relatives for a visit. Come see us. Become a member of our community. Join the Marine, Social, Golf or other clubs and activities. Participate in Bocce, Pickle Ball, Shuffleboard or swim in one of our two pools (one is heated for year round swimming). Central Florida's mild climate invites you to swim and fish all year. Enjoy and make new friends at community breakfasts, potluck dinners, and dinner/ dance parties. Enjoy retirement in your own home or in a seasonal rental. Both are available in our resident owned community. This home is large, located near the marina and includes the $55, 000 land share!!! 3 bedrooms and 2 bathrooms. Large living and dining room and a great galley kitchen with wall oven and a cook top. The primary bedroom is large and has its own bath with walk in closet and extra vanity. This is one of the best locations in Colony Cove one house away from the marina and very close to the clubhouse. Call for a showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,900
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 | $119,920 | $119,920 | $119,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $42 | $42 | $42 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $797 | $1,011 |
Total Monthly Payment | $915 | $914 | $1,128 |
* 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.