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Here’s opportunity to investment in your retirement home, winter get away, or rental. Promenades East Condo Association was awarded the “Business Hall of Fame 2023”; community has onsite management, event coordinator team. The beauty of Promenades community is “NOT” 55+ community; enjoy all the amenities- heated pool, breath taking courtyard, residence kitchen/hall, guest parking, elevator and more.
As you parking in your assign parking space, walk thru the scenic landscaping toward entrance. Secure building entrance secured with coded access to the elevator and well-maintained facility. This breath-taking condominium on the 6th floor is 783 sq. ft. , 2 bedrooms and 2 bathrooms and both bedrooms access into lanai area (with a storage space entrance) to watch the sunset in the evenings. As you enter the kitchen with fully equipped appliances on the right and dining area on the left side; open concept to living room. Layout is a split layout - Master bedroom with ensuite bathroom is one side and guest bedroom is past the living space with second bathroom. Washer and Dryer in this unit is plus!
If you like to be in the center of downtown this Oasis is for you… restaurants, Sunseeker Resort, Fisherman’s Village, golfing, beaches, Punta Gorda airport, and hospitals.
You could be part of this Paradise….
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:
$165,000
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 | $132,000 | $132,000 | $132,000 |
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 | $72 | $72 | $72 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $834 | $867 | $1,105 |
Total Monthly Payment | $981 | $1,014 | $1,252 |
* 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.