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Welcome to your winter (or full time) Florida place at 94 Spring Lake Dr #203 on the American Golf Course in Vero Beach. This condo offers a spacious layout with one bedroom and one and one-half bathrooms. The unit was updated a few years ago with new kitchen, bathrooms, flooring, electric, plumbing, drywall, and appliances. No popcorn ceiling asbestos or lead paint worries, Tile floors in kitchen, baths, and on glassed in porch. New 2025 high efficiency AC system. Furnished or unfurnished -same price. 4 pools, 4 clubhouses, tennis/pickleball courts, golf course and a restaurant/bar onsite. Very near shopping, and only 10 minutes to beaches. 1 year Home Warranty is included. It's rented until 10/18/2025. Very nice upgraded Vista Royale condo at a non-upg
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Our Executive Mortgage Banker:
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$97,500
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 | $78,000 | $78,000 | $78,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $101 | $101 | $101 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $493 | $512 | $653 |
Total Monthly Payment | $669 | $688 | $829 |
* 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.