Newer construction home (2023) in the gated community by Medallion Homes, AQUA. Situated near the Sarasota Bay this gated community is highlighted by a four-acre translucent, blue lagoon and tropical shore providing a luxurious beach in your own backyard. This highly desirable Sea Grape floor plan is the epitome of modern luxury living which features 3 bedrooms and 3 full bathrooms. The courtyard, highlighted by your own private pool-spa combo, is eloquently centered in the home for views from every room. As soon as you step into the front foyer you are greeted with trey ceilings Hunter Douglas blinds that are also placed throughout the home. You will enter the perfectly placed formal dining which leads you to the spacious living room. Perfect for entertaining, the living room sits just off the gourmet chef’s kitchen that features a statement piece island with a gas cooktop. Upgrades include the quartz countertops and custom level 5 cabinets, with underlighting, that both are carried throughout the home. Additionally, there is a built-in oven and microwave as well as a refrigerator that is located right next to the 9ft tall sliding door access to the private courtyard creating an entertainer’s dream! Upgrades to the space include nebula lighting, an absolute aluminum cage, and a pool-spa combo with a custom glass waterline tile, therapy jets, a gas heater, extra seating, and an automation package allowing for control of everything from your phone. The master bedroom is conveniently located just off the courtyard and private pool providing the perfect setting to enjoy your morning coffee or evening beverage! The master bathroom includes a walk-in shower with floor to ceiling tile, stand-alone jacuzzi tub, and an oversized double vanity extending the full length of the wall. Finally, there is an oversized walk-in closet capping off this dream master suite. The 2nd bedroom is just off the living room with a full bathroom. The 3rd bedroom is located just off the master bedroom next to the 3rd full bathroom. Garage entry is to the rear of the home with a paver driveway and includes a two-car garage with epoxy flooring, EV outlet for charging, and luggage shelving. This Florida paradise is conveniently located near world renown IMG Academy, IMG Golf & CC, Anna Maria Island, Cortez Village, and SRQ airport, while remaining a short drive away from shopping and entertainment districts such as UTC and St Armand’s Circle. Beat the wait for a new build and schedule your private showing of this fully completed TROPICAL PARADISE!!
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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 | $1,011,920 | $1,011,920 | $1,011,920 |
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 | $562 | $562 | $562 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,479 | $6,563 | $8,885 |
Total Monthly Payment | $7,166 | $7,250 | $9,572 |
* 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.