| Portofino at Jensen Beach - Buyer
Information With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom and 72 three-bedroom units available for sale. Prices for units range from $180,900 to $220,900 for a 795-square-foot one-bedroom unit, $236,900 to $275,900 for a 1,065-square-foot two-bedroom unit and $282,900 to $345,900 for a 1,252-square-foot three-bedroom unit. Monthly homeowners' fees start are $175 for a one-bedroom unit, $235 for two bedrooms and $275 for three bedrooms. The 114 detached garages are sold separately and will range from $18,000-$22,000. At this time, there are 80 vacant units ready for immediate occupancy and the tenants that do not exercise their option to buy will be allowed to live out their leases. Current rental prices for 1 bedrooms range from $800.00 to $950.00, 2 bedrooms range from $1000.00 to $1100.00 and 3 bedrooms range from $1150.00 to $1275.00. Amenities include a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. The community is pet friendly and allows rentals for a minimum of 7 months. Entertaining friends and family is a breeze at the private clubhouse. From large events to intimate gathering, the clubhouse is an ideal setting with designer furniture and a kitchen area. Construction of the units is CBS and each unit includes a one-year home warranty with Old Republic Home Protection provided by the seller at closing. Homeowners Association Monthly Dues with Reserves are 1 bedroom $175.00, 2 bedrooms $235.00 and 3 bedrooms are $275.00. The fees include: Building and Structural Insurance, Landscaping and ground keeping, Exterior Building Maintenance, Parking Areas, Trash and trash valet service, roof maintenance, tennis court, clubhouse, lakes and fountains, business center, heated pool and hot tub, fitness center and equipment and racquetball court. Your responsibility includes electric, cable, water, and phone. Terms of Sale include a binder deposit to contract of $7,500 to purchase to occupy and $10,000 to purchase for investment. If you pre-qualify with their preferred lender, Countrywide you may deduct $2500 from the deposit requirement. All mail away contracts will require $10,000 deposit with no exceptions. Deposit checks are payable to First American Title Insurance Company and received by us no later than July 14th. The preferred lender benefits include 1% of sales
contribution towards your closing costs and ½% of mortgage amount
contribution toward your closing costs if you close within 25 days. (Cash or
Preferred Lender only). Owner’s Title Insurance paid if buyer closes in 25
days with preferred title company. |