Discover the charm and tranquility of the Fairway Lakes neighborhood within the vibrant community of Palm-Aire. This exquisite residence features 3 spacious bedrooms, 2 full bathrooms, and a convenient powder bath, all spread across nearly 2, 000 sf of living space. With a brand-new tile roof installed in 2024, this home offers both style and durability. As you enter through the grand foyer, you will be captivated by the light and bright ambiance created by freshly painted walls and soaring ceilings. The Great Room is a highlight, featuring a wood-burning fireplace, a dramatic grand staircase, and an open loft area that adds a touch of elegance and grandeur. The oversized kitchen is a chef's delight, with a large window that bathes the space in natural light. Its thoughtful design allows for a cozy breakfast nook or reading area, while maintaining a seamless flow to the dining room and Great Room. French doors from the dining room lead to a covered porch and the sparkling pool area. The pool cage has been freshly painted and rescreened, providing a picturesque view of the lush backyard and mature landscaping. The primary suite is a luxurious retreat located on the first floor, accessible through French doors. It features a generous walk-in closet, dual vanities, a garden tub, and a separate shower. The guest powder bath is conveniently located nearby, with access to the laundry and garage area. Upstairs, the beautifully crafted engineered hardwood staircase leads to a versatile loft area - perfect for gatherings, playtime, or watching your favorite game. Two additional guest bedrooms and a large bathroom with dual vanities complete the second floor. Located just minutes from the University Park corridor, you will have easy access to shopping, dining, entertainment and a short drive to cultural downtown and our award-winning beaches. Palm-Aire offers memberships that include a beautiful clubhouse, 18 holes of golf, and a fitness area, making it an ideal choice for an active lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$565,000
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 | $452,000 | $452,000 | $452,000 |
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 | $249 | $249 | $249 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,007 | $3,004 | $3,876 |
Total Monthly Payment | $3,348 | $3,345 | $4,217 |
* 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.