Gorgeous two-bedroom walk-out bayfront unit in Pelican Harbour & Beach Club. Pelican Harbour offers one of the best amenity packages on the island, including private beach with chairs and loungers, heated resort-style pool, owner boat docks, kayak and bike storage, tennis, pickleball, clubroom, and more. The Association also has successfully completed its Milestone Inspection, has fully-funded reserves, and no special assessments. You'll also appreciate the new roofs, new hurricane rated carports, freshly painted buildings, new seawall, and composite docking. The unit itself offers bayfront walk-out convenience, screened lanai, open floor plan with large great room and dining, kitchen with updates and stainless appliances, comfortable guest suite with access to full bath, and a spacious primary suite with a private bath en-suite. Association fees include maintenance, landscaping, building insurances, cable, water, trash, on-site maintenance, professional management, most amenities, pest control, and more. Boat docks can accommodate boats up to 28'. Dock fees are $20 per foot per year - a 25' boat would be $500/year. Pelican Harbour is a pet-friendly community and your furry friend is welcome. Pelican Harbour is perfectly located mid-island with easy access to Bayfront Park, grocery, shopping, restaurants, places of worship, and convenient to St Armands and Sarasota. Pelican Harbour - well-managed, fully funded, amenity rich, and steps to the beach - offers one of the most affordable maintenance-free island-lifestyles available on Longboat Key.
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Our Executive Mortgage Banker:
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$575,000
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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $599 | $599 | $599 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,795 | $2,795 | $3,635 |
Total Monthly Payment | $3,486 | $3,486 | $4,326 |
* 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.