Pre-Construction. To be built. Welcome to your brand-new dream home in the heart of St. Petersburg! This stunning two-story residence, currently under construction, promises contemporary elegance and modern convenience. Step inside to discover an open and airy layout with luxury vinyl plank flooring throughout the main living areas, complemented by plush carpeting in the bedrooms for comfort. The sleek, contemporary exterior gives way to a thoughtfully designed interior featuring high-end finishes at every turn. The kitchen is a chef's delight, boasting quartz countertops, stainless steel appliances, and solid wood cabinets, all seamlessly integrated into a stylish, modern design. An expansive living and dining area with abundant natural light creates the perfect space for both everyday living and entertaining guests. Downstairs, you'll find a convenient inside laundry room and access to the attached one-car garage, adding practicality to the sophisticated design. Upstairs, retreat to the primary bedroom suite which includes an elegant en suite bath and a spacious walk-in closet, offering a private oasis at the end of the day. Located less than 2 miles from downtown St. Petersburg and the serene waterfront of Lassing Park, this home offers the ultimate in urban convenience and coastal charm. Imagine enjoying evenings on your charming front porch or exploring all that this vibrant city has to offer just moments from your doorstep. Built with (SIP) Structurally Insulated Panels Construction. Overall, SIPs combine energy efficiency, durability, comfort, and environmental responsibility, making them an excellent choice for homeowners. Here’s the top reasons why. Investing in a home constructed with Structural Insulated Panels (SIPs) offers numerous advantages. SIPs provide superior insulation, reducing air leakage and heat transfer, leading to lower heating and cooling costs. This creates consistent indoor temperatures and fewer drafts, enhancing comfort. Engineered to withstand high winds and seismic forces, SIPs offer greater structural strength and resilience. They also produce less construction waste and lower carbon emissions due to their high energy efficiency. With excellent sound insulation properties, SIPs reduce noise transmission and improve fire resistance compared to traditional building material. Additionally, the better airtightness and ventilation systems of SIPs enhance indoor air quality by reducing allergens and pollutants. Overall, SIPs combine energy efficiency, durability, comfort, and environmental responsibility, making them an excellent choice for homeowners. Don't miss this opportunity to own a brand-new home built with care and attention to detail, tailored for modern living in a prime location. For more information regarding SIP construction, please visit https: //structall. com/pages/snap-n-lock.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $376,000 | $376,000 | $376,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $91 | $91 | $91 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,502 | $2,499 | $3,224 |
Total Monthly Payment | $2,668 | $2,665 | $3,390 |
* 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.