MOTIVATED Seller Drops Price on this never-lived-in, maintenance-free villa in the gated community of Biscayne Landing. NO HURRICANE DAMAGE!!! Situated on a premium lot, it boasts an extended paved and screened lanai overlooking a tranquil pond. The villa features three bedrooms, with French doors adding a touch of elegance to the third bedroom. The kitchen is adorned with a custom backsplash, and new fans have been installed throughout the home. With no carpet and tile flooring throughout, maintenance is a breeze.
This is a true smart home, equipped with a Ring doorbell, Wi-Fi-enabled door locks, and other modern conveniences. The two-car garage offers reinforced doors and ample storage space. Inside, the master suite impresses with a massive 10-foot walk-in closet and an oversized walk-in shower. The home includes a laundry room with a washer and dryer for added convenience.
The community itself is packed with amenities, including a heated pool, an impressive exercise room, tennis and pickleball courts, and low HOA fees that cover basic cable, Wi-Fi, exterior pest control, irrigation, insurance, and recreational facilities. Best of all, no flood insurance is required.
This villa is not only affordable but also energy-efficient, with low electric bills thanks to its smart home features. The seller pays just $853 annually for homeowners insurance. Why wait for new construction and deal with higher closing costs when you can own this pristine, never-lived-in resale? The highly motivated seller is ready to consider all reasonable offers, and the property is also available for rental.
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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 | $235,920 | $235,920 | $235,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $39 | $39 | $39 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,568 | $2,023 |
Total Monthly Payment | $1,684 | $1,682 | $2,137 |
* 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.