Under contract-accepting backup offers. TAMARAC BY THE GULF is a premier 55+ community ideally located 5 minutes from the sparkling gulf beaches and the Seminole Mall! NOT in a flood zone. Updates include: Electrical panel 2015, all ductwork replaced 2019, flat roof replaced 2022, new A/C 2023, new water heater 2024. This "Admiral" model features an open floor plan with 2 bedrooms and 2 full bathrooms, one included in the primary suite. The large Florida room could easily be converted to air-conditioned living space, giving you the opportunity to have an additional 250 square feet of entertaining space. This popular floor plan features walk-in closets in both bedrooms, and a walk-in closet and linen closet in the hallway for added storage. There are two sets of sliding glass doors, one off the dining room and one off the dinette area and a pass-through window in the kitchen that all lead out to the Florida room. Included is a newer washer and dryer located in the oversized one car garage with additional shelving for storage. The home's exterior features a tiled front porch, built in brick planter for your garden and a concrete walkway on the right side of the garage with a side door into the garage and the Florida room. There is also an additional parking slab for double car parking and a large open concrete patio out back to enjoy the beautiful weather. The community features include a heated pool, shuffleboard courts and a club house with numerous social activities including, dinners, dances, game nights, exercise classes, cards, ping pong and more! In addition to the community amenities the low HOA fee of $227. 85 per month covers the lawn maintenance/ mowing, irrigation, sewer, trash, water, and periodic exterior painting and roof pressure washing. The 4-point inspection from January 2024 shows the tile roof has 22 years remaining of useful life. Great location, just minutes to shopping, restaurants, entertainment, parks and medical providers. This solid block home has good bones, is priced well and is ready for your personal touches.
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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 | $248,000 | $248,000 | $248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $93 | $93 | $93 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,648 | $2,091 |
Total Monthly Payment | $1,817 | $1,815 | $2,258 |
* 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.