This stunning condo in Babcock National with social membership features the largest layout of the Terrace Condos. This spacious Carolina floorplan includes three bedrooms and two full baths. The kitchen is next to the dining room and flows to the living room, providing ample space for entertaining family and friends. Modern tile flooring runs throughout, and the southeast-facing lanai offers breathtaking views of a large lake and golf course. The condo includes upgraded features such as plantation shutters, lanai privacy shades for added seclusion, and a luxury shade on the sliding glass door. As a social member, you can enjoy luxurious amenities including a resort-style pool, lap pool, gym, fitness classes, saunas, locker rooms, bocce ball court, pickleball, and tennis courts. After a workout and a day in the sun relax at the Watershed Grill for a casual meal. The main Clubhouse with fine dining and event rooms is coming soon. In addition to the main pool, there are three satellite pools in Babcock National. Owners also have access to Babcock Ranch amenities, including two community pools, parks, trails for hiking, a dog park, restaurants, and shopping. Discover the benefits of living in Babcock National, where luxury amenities and a vibrant community await. With access to pools, sports facilities, dining options, and scenic parks, it’s an ideal place to call home. Come see for yourself!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $247,920 | $247,920 | $247,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $167 | $167 | $167 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,712 | $1,670 | $2,109 |
Total Monthly Payment | $1,954 | $1,912 | $2,351 |
* 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.