In one of the most sought-after areas, this beautifully updated lakefront residence with office offers an unbeatable combination of luxury, convenience and Florida charm. Mere minutes from UTC Mall, Benderson Park, Interstate 75, SRQ Airport and a host of cultural attractions, this home provides easy access to everything you need while maintaining a tranquil, private setting. This home offers a rare assumable mortgage at a low interest rate of 2. 375%. As you approach the home, you’ll be greeted by lush landscaping, a paver driveway and a tile roof that enhances its stately curb appeal. The three-car garage adds function and style. Step through the double glass doors and you’re immediately welcomed by an expansive open floor plan bathed in natural light. Soaring ceilings, a striking stone-accented fireplace, and sweeping views of the lake and pool create a breathtaking first impression. The private backyard retreat is the ultimate escape with exciting new enhancements such as a new pool pump in 2024, new remote controlled retractable awning in 2023, resurfaced and re-tiled pool in 2023, and new pool cage with rust-proof screws in 2023. Relax by the sparkling solar-heated saltwater pool and spa or enjoy the serene water views and stunning sunsets from the spacious, screened lanai. An outdoor shower adds a touch of luxury, making this area ideal for unwinding after a long day. For the home chef, the kitchen is a dream come true. Equipped with new appliances, a convection oven with pots and pans in 2024, a dishwasher in 2024, a microwave in 2023, built-in double ovens and ample pantry storage, it’s ideal for preparing meals for family and friends. A cozy breakfast nook with a picture window overlooking the pool offers the ideal spot to start your day. The primary suite is a sanctuary, featuring private pool access, a walk-in closet with custom cabinetry, dual vanities, a garden tub and a walk-in shower with marble floors all designed for maximum comfort and convenience. There are two other bedrooms on opposite side of the home with a newly remodeled shower with a seamless glass door and marble floors. Mote Ranch offers a low-maintenance lifestyle with minimal HOA fees and no CDD fees. Residents enjoy access to a range of community amenities, including a recreation complex with a fishing dock, clubhouse, pool, playground, kayak launch and nature trails. Come experience the best of University Park living where every day feels like a vacation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $357 | $357 | $357 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,282 | $4,177 | $5,274 |
Total Monthly Payment | $4,730 | $4,625 | $5,722 |
* 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.