NO HURRICANE DAMAGE at 11 ft elevation!! **MOTIVATED SELLER** Priced UNDER appraised value! Welcome to 5326 Loon Nest Ct, a WATERFRONT, POOL/SPA, SMART home located toward the end of a quiet CUL-DE-SAC in MiraBay. Situated on the lagoon (with no public access and no tide restrictions!). Minutes to Tampa Bay through the community boat lift. PRIVATE DOCK equipped with 20, 000 lb boat lift, shore power and water. Ready for your boat! Enjoy the outdoors year round on the wrap around front porch, fenced backyard area, and roughly 1000 sq ft of lanai which includes a covered seating area with fully screened pool cage. Lanai also has built-in gas fire pit, gas hookup for grill (ready for you to build the perfect outdoor kitchen!), 2 motorized control arms with TV’s, surround sound, ceiling fans, remote control privacy screen + a HEATED SALT WATER POOL & SPA with lighting and water features (all controlled from anywhere via the app!). Front porch and lanai both have recessed smart lights (colors, brightness and timing controlled from anywhere via the app). 4 bedrooms/3 full bath. Master en-suite located on main floor, as well as an additional bedroom and full bath on main floor! Laundry on main. Office on main with double glass doors leading to wrap around front porch. Kitchen has butlers/walk-in pantry leading to formal dining room, L shaped island overlooking living room, and dinette/morning room off of kitchen. 2 additional bedrooms and 1 full bath upstairs. Large bonus room also located upstairs with additional storage closet and bonus space off of this area. So many possibilities for this space! Home has newer luxury vinyl plank flooring throughout, a neutral color palette, newer plantation shutters and plenty of additional SMART features such as smart doorbell, smart cameras, smart light switches and smart locks on doors. Oversized garage with plenty of room for storage! NEW ROOF September 2022 (only 2 yrs old!!), NEW WATER HEATER spring 2024, newer split system HVAC unit in master bedroom, new AC compressor September 2024, newer water softener and kitchen appliances. MiraBay is a gated community that offers a clubhouse, resort style pool, slide, gym, cafe, 3 playgrounds throughout neighborhood, tennis, pickleball, basketball, sidewalks, boat ramp, boat lift, kayak and paddle board rentals (mangrove trails lead right out to the Bay!). Owner is listing agent. Property is high and dry at 10. 5 ft elevation with NO hurricane damage! Offering $10, 000 seller credit that can be used toward closing costs to lower your out of pocket at closing OR can be used toward a rate buy down which will lower your monthly payment! ADDITIONAL CONCESSIONS CONSIDERED WHEN SUBMITTED WIH OFFER! Flood insurance policy is transferable to new owner- which will save you THOUSANDS (Current policy ~$900). New policy quotes between $5, 000-$7, 000. )!! Also offering a seller paid home warranty! Schedule a showing today!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,015,200 | $1,015,200 | $1,015,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,484 | $1,484 | $1,484 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,500 | $6,585 | $8,913 |
Total Monthly Payment | $8,109 | $8,194 | $10,522 |
* 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.