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Under contract-accepting backup offers. Multiple Offers! Best/Final offer due by Tuesday 5/28 at 5pm. . . . . Oh my, what a view - day and night time - this south facing home has it all! Your own dock/lift, a navigable canal to the Manatee River, your view sitting on the Signature Par Five 10th hole and a preserve - not a another home in sight. . . arguably the best lot in Waterlefe. . . and at night it gets better as a 35, 000 lumen light shines on the large oak tree in the fairway. . . so nice the neighbors won't let you take it away! This Merrick model was originally built for a family member of the builder staff and a lot of "extra's here" including a 100sqft extension on the primary suite, double tray ceilings in most rooms, crown molding abound, plantation shutters, hurricane protection on the lanai before required, plus this owner has resurfaced the pool, newer KitchenAid stainless appliances with convection double wall ovens, outdoor kitchen and more. Step beyond the pool cage to your own dock with 10, 000lb lift - oh yeah, the bass fishing here should be called bass catching - especially at night near the light! This 3/3 Merrick model features a dedicated office, a study/den and a huge open space, the great room features high ceilings and a kitchen open to the living spaces and captures that view - very much a home you will cherish. The side mounted garage features 3 spaces, an epoxy floor as well as ample built-in cabinetry. Why am I not buying this one?!?!?! More than a neighborhood, Waterlefe Residents have access to many options. . . centered around the Waterlefe River Club with new updates just completed featuring a Restaurant, Bar, Fitness Center, Meeting Space, Tiki Bar and Jr Olympic Pool - the heartbeat of the neighborhood! Imagine days with friends at daily fitness classes, card games, social functions, book clubs and more - your social calendar is full! Golf Club Membership as well as Marina Slips are available yet optional (the course has re-opened to rave reviews and the golf clubhouse is undergoing renovation opening soon) Phenomenal Cable TV, WIFI and Internet INCLUDED in HOA fees. . Come see this incredible home and view in person and you'll know why this will be your new Waterlefe Home - as an original Waterlefe home it is exempt from the financing portion of the CDD which is included in taxes amount
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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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $671 | $671 | $671 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,001 | $6,827 | $9,196 |
Total Monthly Payment | $7,797 | $7,623 | $9,992 |
* 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.