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Spectacular carefree living in the charming 55+ community of Penthouse Groves. . . this desirable first-floor condo offers 1, 025 sq ft of fine Florida living with 1 bedroom and 1. 5 bathrooms. The generous sized kitchen features tile flooring with fashionable dual color cabinetry, tile backsplash, SS sink and SS appliances including a newer refrigerator (2022), ceran top double oven (2022) and dishwasher as well as a convenient wall pantry for storage. Desirable open concept great room layout with a spacious living/dining room combination featuring tile flooring, newer windows and a sizable walk-in closet for storage. The living and entertaining space is extended through the sliding glass doors leading to the large pavered outdoor patio. There is also a fabulous, fully fenced courtyard at the front of home for your outdoor enjoyment. The owner’s retreat is substantial and boasts tile flooring, ceiling fan (2022) and a large walk-in closet as well as an ensuite bath accessed through a convenient pocket door. The lovely, updated ensuite boasts a full walk-in shower with glass door and designer tilework, an extended single vanity with undermount sink and well-located linen closet. The easily accessible washer and dryer are found in the hall closet. The additional half bath is perfectly situated for guests and features tile flooring and a single vanity. Updates include interior painted (2022), Water Heater (2017), Stackable Washer and Dryer (2022). The Penthouse Groves community has a lovely pool and clubhouse found just outside this building for ultimate convenience! HOA Fee includes grounds maintenance, exterior maintenance, sewer, trash, water, cable TV, internet, pool, clubhouse and fitness center. It is a tremendous location, close to shopping, restaurants and medical and of course the famed Gulf beaches! This is carefree Florida living at its finest!!!!
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Our Executive Mortgage Banker:
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$129,900
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 | $103,920 | $103,920 | $103,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $139 | $139 | $139 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $674 | $700 | $891 |
Total Monthly Payment | $888 | $914 | $1,105 |
* 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.