Under Construction. Welcome to 1744 Lugano Circle in the vibrant city of Venice, Florida! This stunning new construction home, built by M/I Homes, offers a perfect blend of modern design and comfortable living. As you step inside this single-story residence, you are greeted by an open and spacious layout that seamlessly connects the living room, dining area, and kitchen. The home boasts 4 impressive bedrooms and 3 full bathrooms, providing ample space for a growing family or those who love to entertain. With a total of 2, 309 square feet, there's plenty of room for everyone to spread out and enjoy. The kitchen is a true chef's delight, featuring sleek countertops, contemporary cabinetry, and top-of-the-line appliances. Whether you're cooking for a crowd or preparing a quiet meal for two, this kitchen has everything you need to create culinary masterpieces. Each bathroom in the home is beautifully appointed with modern fixtures and finishes, offering a serene space to relax and unwind after a long day. The owner's suite is a true oasis, complete with a spacious walk-in closet and a luxurious en-suite bathroom. Outside, the property offers a well-manicured yard and plenty of outdoor space for enjoying the beautiful Florida weather. With a 3-car garage, you'll never have to worry about finding parking for guests or additional vehicles. Located in a gated community, this home is just a short drive away from local schools, shopping centers, restaurants, and beautiful beaches. Whether you enjoy spending your days lounging by the ocean or exploring the vibrant city life, this property offers the perfect blend of tranquility and convenience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$784,990
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $627,992 | $627,992 | $627,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $42 | $42 | $42 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,174 | $5,296 |
Total Monthly Payment | $4,259 | $4,308 | $5,430 |
* 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.