Brand New Home by M/I HOMES! Offered for sale directly from the builder with $10, 000 towards closing cost! Welcome To Summerwoods. . . Introducing the epitome of modern living in the coveted Summerwoods neighborhood of Parrish, Florida – a brand- new, meticulously crafted 3-bedroom, 2-bathroom home that seamlessly blends style, functionality, and prime location. Nestled in the heart of one of Manatee County's hottest areas, this M/I Homes gem promises a lifestyle of unparalleled comfort and convenience. Step into a world of contemporary elegance as you enter this stunning residence, where an integrated open floor plan bathes the interior in an abundance of natural light, creating an inviting ambiance throughout. The layout is thoughtfully designed, providing the ideal canvas for both entertaining and cherished family gatherings. Whether hosting a dinner party or enjoying a cozy night in, this home effortlessly caters to your every need. For those who appreciate the allure of outdoor recreation, Summerwoods boasts a community pool that offers a perfect retreat for relaxation or socializing with neighbors. Imagine sunny afternoons spent lounging by the pool, creating lasting memories with friends and family. Convenience is key, and this home delivers with a two-car garage, ensuring ample parking and storage space. The modern amenities continue beyond your doorstep, as the property is strategically located near a newly developed Publix shopping center, making daily errands a breeze. Additionally, the UTC mall and an array of restaurants are just minutes away, providing a plethora of shopping and dining options. Beyond the immediate amenities, the home's prime location offers easy access to the region's award-winning beaches, allowing you to soak in the sun and surf at your leisure. Explore the vibrant cultural scene, indulge in shopping sprees, or savor culinary delights – all within close proximity to the Summerwoods neighborhood. This brand-new M/I Homes property in Summerwoods is not just a home; it's a lifestyle upgrade. Immerse yourself in the charm of Parrish, Florida, where a harmonious blend of modern living and community warmth awaits. Don't miss the opportunity to call this residence yours and experience the best of Manatee County. ** BUILDER CURRENTLY OFFERING ATTRACTIVE BUYER INCENTIVES TOWARDS RATE BUY-DOWN OR CLOSING COST ** IMAGES MAY BE DIGITALLY STAGED.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,999 | $271,999 | $271,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $263 | $263 | $263 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,810 | $1,808 | $2,294 |
Total Monthly Payment | $2,148 | $2,146 | $2,632 |
* 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.