**NEW CONSTRUCTION **WATERFRONT** POOL HOME ** Custom built home with 3 bedrooms, den/office, 2 bathrooms and a 3 car garage with epoxy floor finish. The home is built on a oversized tip lot with magnificent water views of 4 intersecting canals and northwest exposure for great sunset viewing without blinding sun glare. The home is located in the upscale boating community of South Gulf Cove with access to Charlotte Harbor, Gulf of Mexico, Boca Grande and surrounding islands. Enjoy boating and fishing right from your very own backyard. This gorgeous home is for the distinguished buyer and features an open design floor plan with many upgrades. The gourmet kitchen is tastefully appointed with beautiful upgraded Dolomite countertops, (has the appearance of Marble, but harder and more durable) extra large island with breakfast bar, 42-inch upper cabinets with under cabinet lighting, stainless steel appliances, stunning cabinet hood vent, 36-inch cook top, built in oven/microwave unit, stainless steel farm sink, oversized pantry, large breakfast nook and more. Beautiful 24"X 24" Porcelain tile throughout the house with tray ceilings and crown molding in the living room, master bedroom, guest bedroom and den/office. The laundry room features a sink, wall cabinets, separate Dolomite folding counter and linen closet. Ceiling height in living room and kitchen is 11' 4", den/office 12'-4", bedrooms and laundry room area 9'-4". The home features Low E hurricane impact windows and doors, 0-degree sliders in the living room giving you an unobstructed view over the pool and waterway along with pocket sliders in the breakfast area, guest bedroom and master bedroom. All interior doors are 8' height swing doors or pocket doors (no bi-fold doors). Master suite features two large walk-in closets, linen closet, large vanity with double sink, six-foot free-standing tub, Dolomite countertops, a beautiful tiled walk-in shower with bench seat, a rain head and wall/handheld shower head. The home features energy efficient upgraded open cell foam insulation in the attic area, conditioned space for the air handler above the garage and foam insulation in the block walls. The home has upgraded wiring which includes interlock receptacle for generator, (just need to plug your generator in) receptacle for electric car, whole house surge protector, living room surround sound and lanai speakers. The lanai is very spacious featuring beautiful concrete pavers, outdoor shower, oversized pool with sun shelf, water bubbler feature, various color lighting schemes, bench seating and pool cage with picture frame viewing windows. Lanai area has been mechanically roughed for a summer kitchen including plumbing, electric, cable and venting for a grill. The home is professionally landscaped with St Augustine/floratam grass, planting beds, irrigation, riprap coral stone border along the water's edge, installed water and electric ready for future dock and a concrete paver driveway and walkways. South Gulf Cove community offers a public boat ramp, several parks and a nearby marina. Golf courses and world-class fishing are right out your back door. South Gulf Cove is only minutes to beautiful Southwest Florida beaches in Boca Grande and Manasota Key.
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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 | $751,920 | $751,920 | $751,920 |
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 | $172 | $172 | $172 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,815 | $4,877 | $6,602 |
Total Monthly Payment | $5,079 | $5,141 | $6,866 |
* 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.