One or more photo(s) has been virtually staged. Welcome to the highly coveted M/I Grandsail III model, nestled in the exclusive, gated enclave of Graybrook within the Watergrass Community. This impressive home offers nearly 5, 500 sq ft of elegant living space, featuring seven generously sized bedrooms with spacious walk-in closets, 4. 2 bathrooms, and a variety of living areas, including an open-concept kitchen and family room, an office, and a versatile game/media room. A rare balcony overlooks a serene pond, adding to the home's charm. The expansive kitchen is designed for both functionality and entertainment, boasting a modern backsplash, built-in oven/microwave, a sizable walk-in pantry, and an enormous quartz island with counter seating—ideal for hosting gatherings. An upgraded staircase with contemporary wire railings leads to a remarkable game room with a wet bar and an adjoining balcony, perfect for enjoying sunrises with your morning coffee or evening cocktails. For movie enthusiasts, the seventh bedroom has been transformed into a dedicated movie room. The remaining four bedrooms are conveniently connected by Jack and Jill bathrooms, ensuring privacy and comfort. Additional features include an outdoor pool shower, outdoor kitchen connections in the lanai, an electric car charger, and quartz countertops throughout. As a resident of Watergrass, you’ll enjoy access to three community pools, a state-of-the-art clubhouse with a gym, a pavilion, and numerous parks, including one right in Graybrook. Convenience is key with I-75 minutes away, and everyday necessities like Publix and Starbucks just down the street. Plus, Watergrass Elementary, Kirkland Ranch Academy of Innovation, and Innovation Preparatory Academy are within minutes. The home’s prime location also places you close to Tampa Premium Outlets, Wiregrass Mall, KRATE at the Grove, various hospitals, and a wide array of dining and retail options. Discover the unparalleled blend of luxury, convenience, and community living in this exceptional home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $1,174 | $1,174 | $1,174 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,291 | $7,291 | $10,126 |
Total Monthly Payment | $8,590 | $8,590 | $11,425 |
* 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.