One or more photos have been virtually staged. ATTENTION: Florida residents wanting to move from the coast and the threat of severe hurricane damage - don't miss this brand new home in Hawthorne Ranch located in South Lakeland just off County Line Road with excellent access to I-4 and Hwy 60. This home is totally complete with upgrades galore - nothing to do but move in! Compared to builders inventory this home offers much more - no carpet, screened lanai (great spot to watch the sun set!), custom vertical plus plantation shutter on front door sidelight, overhead lights and fans plus $99830 in upgrades and lot premium added to base price!! The Picasso model elevation C (3/2 with flex room and 2095 sq. ft. of living area) sits on a premium lot with views of the wet/dry pond and easy access to the pedestrian walking path. The home features porcelain tile throughout, an expanded 368 sq. ft. under roof lanai and all the upgrades that are included in the M/I Homes Premier Collection Platinum Package. Major upgrades include but are not limited to porcelain tile throughout, expanded under roof lanai which seller just had screened, tray ceiling in primary bedroom, upgraded lighting, coated garage floor. All appliances, washer and dryer plus blinds are provided. Extensive amenities are planned for 2025 and include a community room, pool area, gym, playground, many green areas and the pedestrian walking paths. Within a 3 mile radius you will find corporate offices and distribution centers including Publix, Geico and Amazon, Lakeland Linder International Airport, Lakeside Village and Publix shopping centers, Sun N Fun Campus, Medical Facilities plus much more!! Public schools include R Bruce Wagner Elementary, the rebuilt Southwest Middle School and George Jenkins Senior High School. No need to wait - this one is available now!! Many special upgrades are featured in this home including Smart Home Security System and Video Doorbell (active), professional landscape package, tray ceiling in primary bedroom, energy efficient windows and 15 seer Energy Star rated hvac system, porcelain tile throughout, blinds on all windows/doors, decorator finishes and much more. Seller recently screened the lanai and added 5 remote controlled fan/lights with 3 light colors, custom vertical for the patio door as well as a plantation shutter for the front door sidelight. Specs available for review. Note: mapping is not correct so do not rely on GPS - new subdivision off W Pipkin Rd just East of County Line Road. And for Disney fans this property is about a 50-minute drive!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,400 | $420,400 | $420,400 |
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 | $288 | $288 | $288 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,797 | $2,794 | $3,605 |
Total Monthly Payment | $3,177 | $3,174 | $3,985 |
* 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.