Pre-Construction. To be built. Built upon contract. Please look at the value and compare this single family residence to anything on the market. List price includes a large double door entry, korbels, impact doors and windows, over sized ( two truck ) garage and 40 foot covered lanai on this specified lot which is also included. That is in addition to an already quality upgraded split bedroom open floor plan. Wood cabinetry, granite counters, upgraded lighting and interior features through out. This home provides space and comfortable living inside and out. Enjoy Florida Outside living at its best on the extended lanai. Large Master Bedroom and walk in closet, Kitchen Island Bar with adjacent open dining area. High Elegant front elevation with double door entry and transom window. This custom built home has great curb appeal, quality upgrades on the inside and is built strong and made to last and protect it all. Will be built upon contract. Still time to makes changes, pick colors, cabinets, fixtures and flooring Custom Home Builder. Multiple floor plans. Build on your lot or one of ours. Room for pool on this property. Ask for pool plans and pricing. Pool can be included in build with accepted terms. Gulf Cove is a Riverfront Community bordered by the Myakka Forest and Myakka River. Community boat ramp available for a small yearly fee directly on the Myakka with Charlotte Harbor and Gulf Access.
Type | Dimensions | Level |
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Master Bedroom | 17.0 x 14.0 | First |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $238,310 | $238,310 | $238,310 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $25 | $25 | $25 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,585 | $1,584 | $2,043 |
Total Monthly Payment | $1,685 | $1,684 | $2,143 |
* 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.