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This fully updated 1-bedroom, 1-bath condo is located on the second floor of the sought-after Burgundy 55+ community, known for its maintenance-free lifestyle. Recent updates include a new electrical panel, light fixtures, outlets, flooring, and base molding throughout. The windows are hurricane-proof, and the plumbing has been upgraded and new kitchen and bathroom sinks and toilet. The brand new kitchen features custom cabinets with soft-close drawers and doors, brand-new appliances, and quartz countertops. All interior doors are new and will be painted this weekend. The screen and ceiling in the lanai are new as well. The furniture is negotiable.
The condo association replaced the stack pipes last summer as part of a complex-wide plumbing project. Each building has its own hot water heater, with Building 11’s replaced in January. The HOA fee is one of the lowest in the entire county and covers water, sewer, trash, cable TV, exterior maintenance, landscaping, roof, and more.
Burgundy is a pet-friendly community with lush landscaping, a heated pool, BBQ area, shuffleboard, sidewalks, and many social events. It offers the perfect blend of comfort and convenience in a vibrant, active setting. Schedule a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$139,999
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 | $111,999 | $111,999 | $111,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $146 | $146 | $146 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $699 | $736 | $930 |
Total Monthly Payment | $920 | $957 | $1,151 |
* 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.