Welcome to your coastal sanctuary situated on an oversized beautifully landscaped lot, located in the highly desirable South Gulf Cove community just minutes from numerous local beaches including Boca Grande and Englewood Beach as well as public boat ramps and marinas. This immaculate and robust 2021 built DR Horton home will feature a brand new 12 x 12 pebble tech surfaced, SALTWATER LEISURE POOL under a new extension of an already massive outdoor space and lanai that includes panoramic screens an above ground 7 person hot tub. . . providing over 1000 sqft of outdoor living space when the pool and pool cage is complete. The exterior of the home also boasts lush and mature tropical landscaping, Bahama shutters and a front covered and screened entry-way. Sitting at a 9. 3 elevation, this home did not see any flooding from the recent storms or suffer any damage per the owner. This home has proven itself to be STRONGER than any storm mother nature has thrown at it since it was built. Although the home is noted as a 3 bedroom, the spacious bonus room/den/office space allows for easy conversion into an additional 4th bedroom if needed. With high ceilings, crown molding and plank tile throughout, the living spaces are large and airy. The open - split floor plan allows for you and your family or guests to spread out relax and provides ample space for gatherings. The open kitchen features a large pantry closet, granite counter tops, breakfast bar/island, modern touchscreen refrigerator, white subway tiled backsplash, pendant lighting and stainless appliances and flows seamlessly into the large dining space. The grand master bedroom suite features dual walk-in closets, stone counters, private commode and a huge linen closet. This floor plan provides an in-home laundry room that connects to an oversized two car garage with easy-clean epoxy floor. The pool and lanai extension will be completed by Coastal Pools in approximately 30 days. Home is being sold FURNISHED with a few exclusions. All outdoor furniture stays except smoker. Whole home is a "smart home" but currently not using features. Paradise is waiting!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $394 | $394 | $394 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,177 | $3,057 | $3,879 |
Total Monthly Payment | $3,663 | $3,543 | $4,365 |
* 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.