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Welcome to this charming Turn-Key 2-bedroom, 2-bathroom home nestled in the peaceful 55+ community of Palm Cay. This home boasts a spacious and inviting layout, featuring newer laminate flooring and carpeting throughout, offering both style and comfort. The master suite serves as a private sanctuary, complete with a generous walk-in closet and an en-suite bathroom offering a walk-in shower and stylish tiled flooring. The kitchen is a true highlight, featuring brand-new stainless steel appliances, perfect for preparing meals and hosting friends or family. Enjoy the serene enclosed lanai with its tiled flooring – an ideal space to sip your morning coffee or relax in the evening. This home also offers a two-car garage for added convenience. New Roof Being Installed in 2025, New Hot Water Heater in 2025, and HVAC 2020 – ensuring peace of mind for years to come. With the home being sold turn-key (minus a few staging items), it’s ready for you to move in and make it your own. This home is a perfect fit for both full-time living or as a vacation getaway, thanks to its low-maintenance features and desirable location. Experience the best of Florida living in Palm Cay, where comfort and community seamlessly come together. Don’t miss out – schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$182,500
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 | $146,000 | $146,000 | $146,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $911 | $959 | $1,222 |
Total Monthly Payment | $1,214 | $1,262 | $1,525 |
* 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.