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Excalibur Motor Condominiums offers many unique and robust standard features that are superior to most other ‘storage facilities’ in SWFL, at a lower price point, and that has made us one of the safest and best solutions in our market. Unit 119 is one of our standard units which offers a total of 1350 SF; that includes a 25x40 SF first floor and a 320 SF Mezzanine that sits 14 FT above the first floor, that can act as a Man-Cave or a She-Shed to gather with friends or an office away from home. Excalibur is an 100% concrete building rated for 170+ MPH wind. It is built 20 ft above sea level, in FEMA Zone-X out of the coastal flood zone, so in case of another hurricane like Ian or Milton, your valuables will be safe. It also includes multiple security measure such as 8FT Fence all around the parameter, 2 point of entry with cameras, with security lights and additional cameras strategically located all around the development that record all activity 24/7. Each unit has individual climate control bolted to the roof, a Full Bathroom including shower, 220V / 200 AMP power in each unit, 16’ wide x 14’ tall segmented and insulated custom garage door as well as insulated impact glass entry door to allow light into each unit. To facilitate the use of these units as office, each unit has its own address that can receive mail or parcels. Each unit also includes its own high speed internet connection and includes plumbing and drain on the second floor to facilitate addition of a wet-bar or kitchen. Our fully concrete buildings are equipped with single-ply TPO roofing, renowned for its superior longevity and energy efficiency. In the Second Phase we have larger units that are also available anywhere from our '1. 33 Unit' which is 1, 800 SF, to our '53 Footer' that is 1, 695 SF with the first floor being 53 FT x 25 FT for RV owners, to our 'L-Shape Unit' with 2 garage doors, which allows creativity and additional room for toys at almost 2, 000 SF and our deluxe Double Unit which has a total of 2, 700 SF. The Developer is also willing to work with you while in construction to create a unique unit that best fits your needs. Every unit comes standard with all the amenities mentioned above. All this makes Excalibur the most unique and one of the safest development in SWFL to keep your luxury items and provide the owners with an absolute peace of mind.
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Our Executive Mortgage Banker:
Our Insurance Division:
$385,000
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 | $308,000 | $308,000 | $308,000 |
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 | $387 | $387 | $387 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,947 | $2,023 | $2,578 |
Total Monthly Payment | $2,409 | $2,485 | $3,040 |
* 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.