Under contract-accepting backup offers. Welcome to Dunedin's most desirable, resort style community of Mediterranean Manors. This unit would make a perfect rental investment. Whether leasing at market rates annually of $1800 a month or seasonally at $2400 a month, there are opportunities available for an investor or even a winter resident. This is the only building in the community that allows for immediate leasing following purchase. The condo is a third floor unit with lovely views of the community pool and shuffleboard courts. Beautiful courtyard entrance with fountain and lush tropical landscaping. Elevator access for easy living style. Unit conveys with covered carport and storage closet at carport. All furniture and housewares are included. Unit has ceramic tile floors in kitchen and bathrooms, carpet in living areas. Community laundry room is just two doors away, so very convenient access. Assigned storage space in laundry room. The community offers a private beach and park area right on the intercoastal waterway. Free boat mooring, boat ramp and kayak storage (when available). Recreational building offers a library, pool table, air hockey and ping-pong. Fitness center has several exercise machines. Resort style heated pool. Shuffleboard, bocce and tennis courts. Waterfront clubhouse for parties and community gatherings. One small pet under 25 lbs is welcome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$194,900
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 | $155,920 | $155,920 | $155,920 |
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 | $251 | $251 | $251 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,037 | $1,036 | $1,315 |
Total Monthly Payment | $1,363 | $1,362 | $1,641 |
* 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.