Nestled in a serene, wooded neighborhood adorned with towering pine trees, this cozy, one-bedroom home in the highly regarded Riverwoods Plantation offers the perfect blend of comfort, convenience, with resort-style amenities. You'll love the spacious Florida Room that is under A/C and has an attached utility closet for extra storage and doubles as a laundry room. Located in an active adult community that exudes the charm and nostalgia of Olde Florida, this neighborhood is a true gem. With 640 homes in the community, residents enjoy a variety of recreational opportunities, from bocce, horseshoes, tennis to pickleball and hydro aerobics. Fitness enthusiasts will appreciate the walking paths and fitness classes catering to all levels, while social butterflies can engage in quilting, photography, music, card games and a host of other events. Enjoy catch & release fishing in the lakes, a butterfly garden, the pavilion, Veteran's Memorial, and so much more. Very close proximity to the community pool/spa and events at the Sherman T. Wheeler Hall, too! There's something for everyone in this vibrant, close-knit neighborhood. Beyond the amenities, the location is unbeatable. Just minutes from RSW International Airport and situated in the picturesque area where the river meets the sea, Riverwoods Plantation is perfectly positioned for both tranquility and accessibility. Whether you’re enjoying the natural beauty of the surroundings or exploring the local area, you’ll love the lifestyle this community offers. Owners at Riverwoods Plantation not only enjoy the benefits of these extensive amenities but also have the unique opportunity to own the land, with a nominal fee covering cable, Wi-Fi, water, and grounds maintenance. With on-site management available for added convenience, this is truly a carefree place to call home. Take note of recent updates, including all-new windows, new plumbing throughout (2020), updated vinyl siding, shutters, and a new A/C system. The care and attention to detail make this home move-in ready, offering you the opportunity to begin enjoying the laid-back Florida lifestyle immediately. Don’t miss out on this exceptional opportunity to live in one of Southwest Florida’s most affordable coastal communities, with boat storage available for minimal fee and a boat ramp that leads to the Estero River and Bay and out to the Gulf. Call today to schedule your private showing and see all that this charming home and its vibrant neighborhood have to offer! (Seller discloses that there has never been any flooding here. )
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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 | $111,200 | $111,200 | $111,200 |
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 | $96 | $96 | $96 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $740 | $739 | $953 |
Total Monthly Payment | $911 | $910 | $1,124 |
* 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.