Discover Your New Home at Fairways Condo! This charming 2-bedroom, 2-bathroom condominium is located in a vibrant 55+ community, offering the perfect blend of comfort and style. Situated on the second floor of a well-maintained building, this residence boasts 877 square feet of thoughtfully designed living space, featuring elegant vinyl flooring throughout and stylish granite countertops in the kitchen. Recent Upgrades: Enjoy year-round comfort with a new air conditioning system installed in 2022, keeping you cool in Florida's warm climate. Additionally, a brand-new water heater, installed in 2024, ensures you'll always have hot water when you need it. The Fairways Condo community provides a wealth of amenities to keep you active and social. Whether you're swimming in the community pool or playing pickleball or shuffleboard, there's always something to do. The community also features picnic areas and bike storage, perfect for enjoying the outdoors. Inside, the kitchen is equipped with modern appliances, including a dishwasher, microwave, range, and refrigerator. Built-in cabinets, cable pre-wiring, and smoke detectors add convenience and safety to this well-appointed home. This condominium is ideal for first-time buyers or those seeking a vacation home in sunny Southwest Florida. With its prime location and all the amenities you need, Fairways Condo is the perfect place to call home. Please note that pets are not allowed in this community. Don’t miss the chance to make this lovely condo your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$139,000
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 | $111,200 | $111,200 | $111,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $28 | $28 | $28 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $759 | $739 | $946 |
Total Monthly Payment | $862 | $842 | $1,049 |
* 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.