This quintessential Spanish Mediterranean mini estate will immediately wow you as you drive up the bricked driveway, open the wrought iron gated entry to the exquisite arched Roman front door creating the old world ambience. Entertain in this meticulously maintained home with a light & bright open floor plan where cathedral ceilings showcase the dining & living areas, the stunning kitchen with wood cabinetry, granite tops & ceramic tile floors. Or choose to entertain around the covered space where the heated pool & spa are surrounded by attractive arches & a bricked border with fruit trees. The ensuite primary bedroom has engineered hardwood flooring & a walk-in cedar lined closet. The bathroom has a marble lined shower & marble countertop with dual sinks & elegant fixtures. The split plan includes the primary bedroom at one side of the home & the 2 large guest bedrooms with walk-in, cedar lined closets at the opposite side. One guest bedroom has a half bath. The main bathroom is filled with natural light that brings the outside in yet maintains privacy. You will find ample storage throughout. A large wet bar provides another special entertainment area! The enormous family room inclusive of cathedral ceilings with wood beams & a fireplace adds to that old world ambience & spacious feel. There is a large bonus room that inspires imagination & endless possibilities! The home is equipped with a whole house Generac generator to be assured you will be safe, secure & always have the amenities you need. This residence is located in the convenient & sought after community of Southbay Yacht & Racquet Club where you are able to dock your sailboat, powerboat, catamaran or yacht up to 55 feet in the 7 acre deep water basin. You can drive your golf cart to the attractive newly renovated fully equipped clubhouse including a state of the art fitness room with aerobic & strength training equipment. Other amenities include a geothermal heated pool, sports courts, and so much more. There are 20 acres of common ground with 5 miles of winding sidewalks in a park-like setting. Some of the close proximity local attractions are nearby beaches, golf, shopping center, Pine View School, Oscar Scherer State Park, Legacy Trail, waterfront restaurants, cultural attractions & easy access to US 41 and I 75. And. . . Historically low HOA fees! Make sure to see the attached video (make sure to turn the volume on) of the community Southbay Yacht & Raquet Club where this lovely home is located.
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William Raveis Real Estate
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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 | $879,200 | $879,200 | $879,200 |
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 | $451 | $451 | $451 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,630 | $5,702 | $7,719 |
Total Monthly Payment | $6,206 | $6,278 | $8,295 |
* 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.