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Under contract-accepting backup offers. Palm Lake at Coco Bay is a gated master-planned community in Englewood, FL, offering a beautiful and well-maintained environment for its residents. The community provides a vibrant and active lifestyle with amenities such as a swimming pool, clubhouse, fitness center, and playground.
The single-story homes in Palm Lake at Coco Bay are designed for modern living, featuring an open floor plan with a versatile flex room that can be used as a study or media room to cater to various lifestyle needs. The kitchen is adorned with stylish shaker style solid wood cabinets, luxurious quartz countertops, and high-quality stainless steel appliances, creating a modern and sleek aesthetic at the heart of the home. The owner's suite is strategically positioned for privacy and comfort, offering a walk-in closet for ample storage space. The screened lanai provides a perfect space for socializing, reading, or enjoying the Florida weather.
Palm Lake at Coco Bay also offers the epitome of coastal living, situated between Englewood Beach and Boca Grande, known for superior boating waters and world-class fishing. The community is surrounded by golf courses, pickleball courts, walking trails, and convenient access to shopping, doctors, hospitals, and government centers.
With its thoughtful design and array of amenities, Palm Lake at Coco Bay provides a desirable living experience for those seeking a new home in Englewood, FL. Don’t let this be the one that got away! Call today for your private showing!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$245,000
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 | $196,000 | $196,000 | $196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $146 | $146 | $146 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,207 | $1,288 | $1,628 |
Total Monthly Payment | $1,428 | $1,509 | $1,849 |
* 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.