Beautifully upgraded, lovingly maintained condominium in Tower Pointe at Arbor Trace. Perfectly situated, this 6th floor home allows mother nature to entertain you hourly with views over Little Hickory Bay, Barefoot Beach & the Gulf of Mexico. You'll enjoy an active lifestyle with onsite Tennis, Pickleball, Fitness Center, Library, Pool with covered and uncovered lounge areas, water aerobics and yoga. This beautiful home is move-in ready with your own oversized private garage just 30 paces from the North entrance of the building. Experience peaceful coastal living in this fully renovated 2-bedroom, 2-bath home. Indulge yourself in some of the latest interior design choices, from timeless hardwood floors, stylish bathrooms, a spacious kitchen with classic two toned cabinetry, quartz counters and Hurricane Impact windows, sliders and electric shutters for peace of mind, all within a smart, split bedroom layout. Revel in the comfort of homeownership, complete with an onsite healthcare center, dining facilities, and a vibrant social environment, all while being surrounded by the area's stunning natural beauty and local wildlife.
Arbor Trace is known as a different kind of senior community. One that values independent living within a vibrant and caring community. Here you will have homeownership with fee simple title and 100% equity, with your very own onsite healthcare center at Arbor Glen. There are no Financial or Medical Requirements as conditions of ownership. A choice of maintenance, service and dining options allow you to enjoy the comfort and elegance you have earned, all in a spectacular natural setting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$771,930
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 | $617,544 | $617,544 | $617,544 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $347 | $347 | $347 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,109 | $4,104 | $5,295 |
Total Monthly Payment | $4,547 | $4,542 | $5,733 |
* 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.