AVAILABLE SEASON 2025. Enjoy a gorgeous WATER VIEW from low-rise this first floor, 3 bedroom, 2 bath condo located in St. Thomas at Pelican Bay. Centrally located just steps from the Members - Only Beach Shuttle, Boardwalk, and Pelican Bay Community center, this light, bright unit is completely tiled (NO CARPET) and offers nearly 1, 500 sf of living space PLUS a 200 sq. ft. screened lanai with back door access to the community pool and Pelican Bay amenities. The living/dining/kitchen area is open creating a spacious living space enhanced by a wall of sliding glass doors leading to the lanai. The living room has both a sofa and loveseat for comfortable seating as well as a large Smart TV; the dining table seats 6, and the updated kitchen has plenty of space for cooking and/or entertaining. The large lanai is an extension of the living area furnished with a table for 4, as well as two rocking chairs. The Primary Bedroom enjoys lanai access through sliding glass doors that can be closed off for privacy with plantation shutters. Outfitted with a king-sized bed, a desk, and its own Smart TV, this suite has a large walk-in closet, a bathroom with a double vanity, and a roomy walk-in shower. The second bedroom has a queen bed, a TV, a large walk-in closet, and a nearby full bathroom with a combination shower/bathtub. There is a pocket door that can be closed to create a second bedroom suite. The third bedroom offers 2 twin beds, and the condo does have a full-size washer and dryer. St. Thomas has its own heated swimming pool and hot tub just steps away from your back porch. Other Pelican Bay amenities include a private beach with chair and umbrella setup, beachfront dining as well as an active tennis and fitness center for this Naples Rental. Conveniently located close to shopping/dining at Waterside Shops & Mercato as well as to Artis-Naples.
***Information contained herein deemed reliable but not guaranteed***
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $9,600 | $9,600 | $9,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $64 | $63 | $81 |
Total Monthly Payment | $139 | $138 | $156 |
* 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.