Under Construction. Welcome to Magnolia Bay – Where Modern Living Meets Coastal Charm. Discover the Magnolia Bay Classic Series, offering thoughtfully designed single-family homes in beautiful Nokomis, FL. The Foxglove floorplan is perfect for today’s lifestyle, featuring 4 bedrooms, 2 bathrooms, and a 2-car garage in a spacious open-concept design.
Step into an inviting oversized foyer that leads to the kitchen, complete with 42” white cabinetry with crown molding, quartz countertops, and a sleek undermount sink. Enjoy cooking with stainless steel appliances, including a side-by-side refrigerator, a large walk-in pantry, and an island that seamlessly connects to the great room and dining area with 2” faux wood blinds. Sliding doors open to a covered lanai, creating the ultimate indoor-outdoor space for entertaining.
Relax in the luxurious Primary Suite, featuring a spa-inspired en-suite with a walk-in shower, dual sinks, and a private water closet, plus a huge walk-in closet. The three additional bedrooms are generously sized with ample storage, and the laundry room is equipped with a top loading washer and dryer for added convenience. Enjoy serene views of the pond and nature preserve from your backyard.
Resort-Style Living Right at Home - Magnolia Bay offers residents an array of exceptional amenities, including: Clubhouse and resort-style pools, Fitness center and sports courts for tennis, pickleball, and basketball, Dog park, playground, cabana, and play lawn.
Located near downtown Sarasota and Venice, Magnolia Bay provides easy access to boutique shopping, fine dining, and entertainment. Explore nearby highlights like Nokomis Beach, Casey Key, and Venice Downtown. With convenient proximity to I-75, Sarasota-Bradenton International Airport, and Tampa International Airport, you’ll enjoy both a serene lifestyle and easy connectivity.
Make Magnolia Bay your home today, where exceptional living extends beyond your doorstep and into a vibrant, welcoming community!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$433,875
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 | $347,100 | $347,100 | $347,100 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $323 | $323 | $323 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,309 | $2,307 | $2,927 |
Total Monthly Payment | $2,707 | $2,705 | $3,325 |
* 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.