Overlooking the Race Track with Private Balcony!!! With plumbing for water/sewer in place, as well as pre-installed electrical infrastructure, this unit provides unmatched convenience and adaptability for a multitude of purposes. Whether you envision a customized man-cave, a productive office space, a versatile garage, or a fun hobby area, this is the perfect canvas for your dream space. Unleash your creativity and make this space your own! Experience a promise of exclusivity and a one-of-a-kind living environment that seamlessly merges the comforts of residential living with a deep passion for automotive culture. Prospective purchasers or tenants are not merely acquiring a residence, but gaining access to an elite club with a lively social atmosphere and tailored concierge services. Discover the awe-inspiring Motor Enclave in Tampa, Florida, a 200-acre development like no other. Experience the thrill of our 1. 6 mile Hermann Tilke-designed Driving Circuit, indulge in our lavish 2-acre Vehicle Dynamics Pad, and explore our sprawling 100-acre Off-Road excursion with purpose-built trails. Our opulent destination also boasts a distinguished 37, 000 square foot corporate Event Center and is home to the largest Private Garage community globally, featuring over 300 luxury garages. Every detail has been meticulously crafted to provide an unforgettable experience for our esteemed owners, members, corporate clients, and the general public. Elevate your motorsport experience with the Motor Enclave, the leading developer of immersive destinations in North America.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $105 | $105 | $105 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,321 | $6,403 | $8,711 |
Total Monthly Payment | $6,551 | $6,633 | $8,941 |
* 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.