Here is a rare opportunity to own a NANTUCKET model villa with a WATER VIEW! It is one of only a few Nantucket floor plans built in the final phases of the Valencia Lakes community development by GL Homes. You will only find these on Marble Springs Circle - and this is one of them. This home was built on a prime lot with serene water views as a spec home with a great deal of high-quality upgrades. It features 2 bdrms plus den/3rd bdrm, 2 full baths and a 2-car attached garage with an extended driveway. Large front patio is screened providing an additional private outdoor space to relax/entertain on lovely Florida days. Upon entering you are greeted with a spacious open floor plan with 9 ft. tall ceilings. Ceramic 18x18 tiles are laid out in a diagonal pattern in the main areas and the den and high-quality moisture resistant laminate plank flooring is installed in the primary and 2nd bdrm. There is no carpet in this home. The luxurious gourmet kitchen features upgraded 42” wood kitchen cabinets with crown molding and soft closing drawers, upper & lower lighting, custom built-in cabinet pantry with pullout drawers, quartz countertops with an extended serving bar for extra seating & luna linear glass mosaic backsplash & upgraded GE stainless steel appliances and reverse osmosis water filtration system. Matching panels are installed under the seating area. An option of installing an exhaust vent system directly from the kitchen to outside is available in this villa model only! 8' tall sliding glass door leads to a paved screened private lanai with a water view. Pavers are extended to a large additional patio area of the size of the lanai. The primary bdrm with coffered ceiling offers two generously sized custom designed walk-in closets and ensuite bath with a double vanity with undermount sinks and quartz countertops, a separate walk-in shower and a generous sized linen closet. There is a built-in corner bench in the shower for both comfort and mobility. Wall tiles in both baths are extended to the ceiling and enhanced with horizontal decorative listello and a built-in niche. Bedroom #2 also has a custom designed walk-in closet. A French door leads to the den/3rd bedroom. The 2nd bedroom & den/3rd bedroom are freshly painted. Light fixtures have been updated with recessed lighting in the great room, primary bedroom and bath, den and lanai. Fans with 3-way switches are installed in every room. The laundry room features a utility sink, extra shelving and a washer & dryer. A/C system is upgraded to a high efficiency variable-speed air handler and humidity control thermostat. There is epoxy flooring in the garage and plenty of shelving for extra storage. This home is equipped with hurricane shutters and water softener system. Valencia Lakes is a residential community designed uniquely for adults 55+ and better! It is a golf cart community. It offers 40-acre waterfront outdoor recreation area with resort-style heated pool, lap & resistance pool, 40, 000 sq. ft. clubhouse, arts & crafts studio, har-tru tennis courts, fitness center, half-court basketball, pickleball & bocce courts, dog park, baseball park, hundreds of clubs and activities, RV/boat storage area. Over 100 acres is set aside as nature preserves; enjoy the quiet and solitude of peaceful views, birds and wildlife by the water edges on your daily walks! Great sense of community! Tampa, St. Pete and Sarasota 25-45 minutes away. Close to the airport, medical facilities, shopping & golf.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,600 | $295,600 | $295,600 |
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 | $191 | $191 | $191 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,967 | $1,965 | $2,535 |
Total Monthly Payment | $2,233 | $2,231 | $2,801 |
* 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.