First-floor turnkey furnished with southwestern exposure, featuring an attached one-car garage. This cozy condominium is tastefully decorated and fully equipped for your convenience. It is ready to move in immediately and enjoy winter months. The tiled lanai provides a private setting to indulge in the beauty of the outdoors, with easy access to the community pool, spa and grills. Mystic Ridge offers a cottage-like atmosphere with a charming courtyard entrance and a beautifully renovated pool and spa. It is in a serene, tree-lined enclave next to the Nest clubhouse. This small neighborhood is ideally in the heart of Pelican Landing, providing a tropical and quiet setting and ample privacy. Pelican Landing, a planned community spanning over 2, 300 acres bordering Estero Bay on Florida's Gulf Coast, features 3, 318 residences and is surrounded by lakes and preserves. Residents can access a wealth of amenities, including a tennis center with 12 Har-Tru® courts, a fitness center, pickleball courts, bocce courts, a community center, a kayak and canoe park, fishing piers, a butterfly garden, a marina offering sailboats and kayaks for the use of the residents, and complementary sailing lessons, Plus, there's a 34-acre island in the Gulf of Mexico, accessible via shuttle boat.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
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 | $443 | $443 | $443 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,915 |
Total Monthly Payment | $2,780 | $2,778 | $3,433 |
* 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.