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Located in Building 5, this lovely 1 bedroom, 1 bath third floor condo overlooks the pool/hot tub with a tiki hut themed area to enjoy yourself in the sparkling Florida sun. New Atlantis Club is a gated community directly on the intercoastal waterway leading out to the Gulf of Mexico. There is storage for your kayak down by the water as well as a launch pad for canoes and paddleboards. Did I mention fishing? You can catch your dinner and prepare it on one of the many community grills! It doesn't get any better than that! Enjoy the setting sun here or enter the private gate (code provided to New Atlantis residents) to Bonner Park and wonder the trails and boardwalks out to the covered pavilion to either fish or watch the numerous sea birds, dolphins and other wildlife. Pickleball, tennis and shuffleboard courts are also available, not to mention the fitness center. Two buildings, one just east of building 5, house the laundry facilities. There is a minimum two years of ownership before leasing but at that point (unless you purchase with a tenant in place) you can lease for a 30-day minimum or on an annual basis - the choice is yours! Roof was replaced in 2022!! Absolutely NO PETS are allowed in this community and each unit comes with a private parking space. There is also plenty of guest parking available. On-site property manager's office is near the front pool, there is the building 5 pool/hot tub and one more pool down by building 10. Monthly condo fees include internet, cable, water, sewer, trash and pest control. This is a truly wonderful community convenient to not only the gulf beaches but also restaurants, shopping, physicians and public transportation.
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Our Executive Mortgage Banker:
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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 | $124,000 | $124,000 | $124,000 |
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 | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $162 | $162 | $162 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $784 | $815 | $1,038 |
Total Monthly Payment | $1,021 | $1,052 | $1,275 |
* 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.