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Presented by
Benge Redding Team |
5425 Mystic Water COVE, Lakewood Ranch, FL, 34211 | $419,000
Nestled in the heart of Lakewood Ranch, FL, this charming house at 5425 Mystic Water Cove offers an ideal blend of comfort and convenience. With an area of 1557 square feet, this 2 bedroom 2 bath plus den home provides ample space for a vibrant lifestyle. The property boasts a spacious open floor plan in the living room, creating a welcoming ambiance perfect for gatherings. Relax on the lanai while watching the birds in the lake.
Residents of Lorraine Lakes community enjoy a variety of amenities designed for an active lifestyle. Take a dip in the resort-style pool or engage in friendly matches on the tennis and pickleball courts. Fitness enthusiasts can make use of the indoor basketball court and the state-of-the-art fitness center. Additional amenities include a cafe, a coastal-inspired clubhouse, a social director, an arcade, a playground, and a splash pad, offering something for everyone. The community’s lush landscaping and tranquil lakes create a picturesque setting for daily walks or bike rides.
Located in the Lakewood Ranch area, this villa in Lorraine Lakes is almost brand new. Surrounded by top-rated schools, upscale shopping, dining options, and cultural attractions. With easy access to major highways, the pristine beaches of the Gulf Coast and the vibrant cultural scene of downtown Sarasota are just a short drive away. The property also features a water view from the spacious lanai, providing a perfect spot to unwind and enjoy the picturesque surroundings.
Living in this neighborhood means being part of a community that values both relaxation and activity.
Residents of Lorraine Lakes enjoy a large array of amenities, including a resort-style pool, tennis and pickleball courts, indoor basketball court, state-of-the-art fitness center, resort pool, restaurant and bar, cafe, clubhouse, social director, arcade, playground, and splash pad.
Whether you prefer lounging by the pool or exploring the local shops and restaurants, this home offers a balanced lifestyle with everything you need close by.
Features
- Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Maintenance, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Sauna, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
- Rooms: 9
- Bedrooms: 2
- Baths: 2 full
- Laundry: Inside, Laundry Room
- Style: Florida
- Year Built: 2023
- Garage: 2-car Driveway, Garage Door Opener
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,557
- Acreage: 0.11
- Est. Taxes: $1,470
- HOA Fee: $768 Quarterly
- Lot Desc: In County, Landscaped, Level, Sidewalk
- View: Water
- Elem. School: Gullett Elementary
- Middle School: Dr Mona Jain Middle
- High School: Lakewood Ranch High
- Pet Policy: Number Limit
- Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: A4619513
- Days on Market: 53 days
- Buyer Broker Compensation: 3.00%
- Website: https://www.raveis.com
/raveis/A4619513/5425mysticwatercove_lakewoodranch_fl?source=qrflyer
William Raveis Family of Services
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.
Benge Redding TeamSales Associates
941.894.4216
BengeRedding@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5425 Mystic Water COVE, Lakewood Ranch, FL, 34211
$419,000
Benge Redding Team
Sales Associates
William Raveis Real Estate
Phone: 941.894.4216
BengeRedding@raveis.com
Melissa Cohn
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 | $335,200 | $335,200 | $335,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
| Monthly Tax Payment | $123 | $123 | $123 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,230 | $2,202 | $2,827 |
| Total Monthly Payment | $2,427 | $2,399 | $3,024 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388