Look no further! Live the life you’ve always imagined in this magnificent, fully renovated, luxurious condo and skip the waiting list to enjoy FULL GOLF AND CLUB MEMBERSHIP PRIVILEGES TO THE PRESTIGIOUS COLONY GOLF & COUNTRY CLUB, just five minutes from your door.
La Scala 501 is a much-coveted end unit encompassing 4, 068 sq. ft. of internal living space/4, 988 total sq. ft. , with four (4) balconies, two of which are screened lanais with automated storm shutters. This unit sells furnished. Important features: private elevator lobby, four (4) large bedrooms, four (4) full ensuite baths plus a powder room, sleek and ultra-functional newly renovated kitchen, exclusive Hubbardton Forge lighting fixtures, custom walk-in closets, new laundry, new entertainment center with linear fireplace, gorgeous Carrera marble flooring, high (9’8”) ceilings, and overall floor-to-ceiling windows which bring in an abundance of light and provide stunning, unobstructed, water views. Unit renovations completed in 2022. This condo has it all and is ready for immediate move-in at a price per sq. ft. far below comparable luxury units.
The La Scala condominium building, often referred to as the jewel of The Colony high rises for its luxury amenities, ultra generous floor plans, and unobstructed views of Estero Bay and Gulf of Mexico, has undergone approximately $14 Million+ in renovations and upgrades, which include a new roof, new exterior stucco, paint, and finishes, all new landscaping, refurbished garages, restoration and upgrade of all security cameras and door entry locations, complete replacement of all pool, spa, fountain, and geothermal equipment. All assessments have been paid in full. In addition, La Scala amenities include features only found in Five Star residences, namely: 24/7 front desk services, an expansive state-of-the-art fitness center, impressive two-story lobby, luxuriously appointed onsite guest suites for overnight visitors, private pool and spa with outdoor grills and bar area, a movie theater and social rooms for entertaining. Membership to The Bay Club, newly renovated, and hourly ferry access to a private, 34-acre island beach on the Gulf of Mexico, are all yours for you and your family to enjoy.
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$2,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.510% | 6.579% |
Monthly Tax Payment | $1,829 | $1,829 | $1,829 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,452 | $12,452 | $17,250 |
Total Monthly Payment | $14,406 | $14,406 | $19,204 |
* 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.