Under contract-accepting backup offers. PRICE REDUCTION! You will find this immaculate TURNKEY and FURNISHED (GOLF CART INCLUDED) Esplanade condominium priced to sell! Located in the luxurious, tropical paradise of Burnt Store Marina, this condo delights in golf, lake, and STUNNING sunset views. The desirable unit is open, airy, and complete with two bedrooms, two full bathrooms, and a large den/office/media room that can be used as a third bedroom for extra guests. The open-concept living/dining room area features soaring raised ceilings, and large sliding doors that lead to an oversized, southwestern-facing lanai where you can enjoy the warm Florida sunshine all year round. The spacious kitchen offers a roomy dining nook, ample cabinetry, an oversized pantry, and a breakfast bar for casual dining. Esplanade Condominiums boast gorgeous Mediterranean architecture, a private resident pool/spa, fitness room, and each unit has an OVERSIZED TWO-CAR GARAGE! Where else will you find room to park two cars, and a golf cart and store your tools? Hurricane Ian did not stop this condo association from moving forward with a big leap into the future. Imagine the equity you will gain by moving to a community with new roofs, new paint, new blacktop, new screens, and updated landscaping. Esplanade Condominium Association has already had and passed its Florida-required Structural Integrity Reserves Survey (SIRS), which must be completed by December 31, 2024. In addition, Esplanade’s reserves for upcoming, Florida-required elevator modernization include full funding now on hand in the amount of the modernization proposal from our current elevator service company.
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Our Executive Mortgage Banker:
Our Insurance Division:
$367,000
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 | $293,600 | $293,600 | $293,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | $313 | $313 | $313 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,003 | $1,880 | $2,438 |
Total Monthly Payment | $2,391 | $2,268 | $2,826 |
* 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.