Look no further this condo building has completed both the Reserve Study and Structural Integrity Study that are due 12/31/24. Reports are available upon request. The building is finishing up the envelope repair of the building including concrete work, balcony repair work and painting of the entire building. Permits have been issued for the pergola replacement at the pool area. This has been already funded by the current owners and just awaiting to begin the work The building was built to be the crown jewel of Isla del Sol. Originally built to house the executives of GE who developed the island of Isla del Sol. All unit owners have under building parking space to keep your cars out of the Florida sun. Extra storge on each floor for unit owners. The building has 2 elevators to serve the thirty-unit owners. This 2 bed 2 bath unit is being sold with the primary bedroom furniture and a sleeper couch in the living room matching chair is currently in primary bedroom. This unit has been beautifully updated with vinyl plank flooring throughout. The kitchen has gorgeous countertops and cabinets. The washer and drying in laundry room off the kitchen will convey with the unit. This unit has a fantastic view of the 4th tee of Isla del Sol golf course. The 40 ft balcony has hurricane shutters for added safety. Condo exterior and balcony updated 2024. Building painted 2024. Recent updates include remodeled kitchen, frameless glass shower door in primary bathroom, flooring, hot water heater, doors, baseboards & molding, ceiling fan with light fixture and professionally painted throughout. Appliances: washer replaced 2021, refrigerator replaced Spring 2024, microwave replaced Spring 2024, Dishwasher replaced 2022. All high quality and Stainless Steel.
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Our Executive Mortgage Banker:
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$550,000
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 | $440,000 | $440,000 | $440,000 |
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 | $346 | $346 | $346 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,039 | $2,890 | $3,683 |
Total Monthly Payment | $3,477 | $3,328 | $4,121 |
* 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.