Under contract-accepting backup offers. MASSIVE PRICE REDUCTION. 1 YEAR HOME WARRANTY INCLUDED FOR NEW OWNER!! Stunning home nestled under many shady palm trees on an expansive preserve lot, boasts 5 bedrooms, 4. 5 bathrooms, a versatile den/flex room, bonus room, and a spacious 3-car garage. Ideal for large families or avid entertainers, you will have everything you need and more here, come take a look! Step inside to discover high ceilings, an open concept floorplan, and generously sized rooms. Ideal for guests, the first-floor suite offers versatility and convenience with the full laundry room and office right nearby. Just ahead there is a formal dining room and the heart of the home lies in the gourmet Chef’s dream kitchen, boasting a large center island, a second dining area, breakfast bar, top-of-the-line stainless steel appliances, glass tile backsplash, granite countertops and solid wood cabinetry with under-cabinet lighting and soft close drawers. Ascend the hardwood staircase with its wrought iron banister to the sprawling second floor, where four of the five bedrooms and a bonus area await. The spacious primary suite impresses with tray ceilings, his and hers custom walk-in closets and an en-suite bathroom which includes his and her sinks, a grand walk-in shower and a center garden tub perfect for relaxing after long days. Outside, the backyard beckons with ample space for fun in the sun, showcasing a custom pool, large paved covered lanai, and breathtaking preserve views, this will be the prime spot for barbecues with friends, gathering for the next game and plenty of space to run around with pets. Enjoy the convenience of well water irrigation in this private oasis. Don't miss this opportunity to experience luxury living in a serene yet conveniently located home, close to top schools, shopping, dining and just 30 minutes from the beloved sandy beaches of Sarasota! Call today to schedule your tour before this immaculate home is gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $737 | $737 | $737 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,635 | $7,726 |
Total Monthly Payment | $6,496 | $6,496 | $8,587 |
* 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.