Get Ready to Experience the Beachy Vibe at Palm Manor in Englewood. This turnkey-furnished ground-floor, end unit in this sought-after community is ideal as a beach getaway, full-time residence, or rental property! When you enter through your screened and covered lanai entrance, the open floor plan, ceramic tile throughout, and energizing flow of natural light from your windows, sliding glass doors, and glass storm door, create the feeling of a much larger space. The fresh interior paint has attractive wall colors and accents to create a fun and bright atmosphere inside. The kitchen has new cabinets and countertops, crisp white appliances, a pantry, and looks out to the dining and living areas, perfect for entertaining! When you wake in your master suite, step past the sliding glass doors and have coffee on your screened lanai as you plan your day. For added peace of mind this unit has plenty of updates to include newer baseboards, vanity in the main bathroom, electrical panel, air conditioner, and water heater. Spend the day enjoying the beautiful white sand beaches just 2. 5 miles away, splash your boat in at the public ramp with access to Lemon Bay and the Gulf of Mexico, less than a mile from your front door, or head across the street for groceries, shopping, and restaurants. Hang out with your neighbors at the heated community pool, play a game of tennis at the community court, get competitive on the shuffleboard court, and enjoy potluck dinners and games in the newly renovated clubhouse. As the day winds down, fire up the grill in the picnic area, enjoy a drink, and watch the sunset light up the sky. This property also offers a washer/dryer, assigned parking, a storage unit, and a 7-day minimum rental policy, making it perfect for full-time living or rental. The HOA covers exterior building and lawn maintenance, so you can relax and enjoy paradise. This will not last, call today!
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$229,000
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 | $183,200 | $183,200 | $183,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | $66 | $66 | $66 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,265 | $1,203 | $1,534 |
Total Monthly Payment | $1,406 | $1,344 | $1,675 |
* 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.