Many have waited for this condo home to become listed for sale for 3 primary reasons: The View, Location and Upgraded Features. The View is one mile of sparkling water from the entrance to Shadow Wood all the way to The Commons Club. No houses, no golf. . . just water, wildlife and wooded area. The best view in Shadow Wood. Cypress Hammock buildings have new roofs, new exterior painting and newly resurfaced roads. It's located near the newly renovated Coconut Rd security gatehouse, thus providing convenient entry and exit to Coconut Rd. , Coconut Point Mall and US 41. Only a few steps away is the dedicated Cypress Hammock Amenity Center with its own pool, clubhouse and fitness center. This 2-story home has a private elevator, 2, 748 sq. ft. of living space (larger than many single family villas), 3 ensuite bedrooms and 3 full baths. The lanai faces east for early morning bright sun on the screened balcony and interior morning room breakfast area next to a large Chef's kitchen with stainless steel appliances. Entertaining wildlife is abundant with wading birds and rookery nesting as dusk approaches. Electrically powered storm shutters protect the lanai area. This unit, being among the newest enlarged in Cypress Hammock, has an added "Flex Room" at the top of the stairway. . . some use it as another den, others for recreation, perfect for a hobby area. Your choice. Master suite has a large bedroom area and bath. . . dual sinks, separate shower and separate jetted tub. One of the guest bedrooms has a balcony overlooking the front entry. A two-vehicle garage is attached with plenty of room for storage and additional closet under the stairway leading from the front door to the living area. The private elevator is accessible from the garage to the second floor. . . easy for grocery or travel luggage transport. Shadow Wood is 5 minutes from Coconut Point Mall and 20 minutes to Gulf beaches and airport. The Country Club is expanding to include resort style pools and indoor air-conditioned pickleball in addition to the now available 3-18 hole golf courses, 9 Har Tru tennis courts and 3 bocce courts. Memberships for the Country Club and The Commons Club (Fitness Center and Private Beach Pavilion) are optional.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $444 | $444 | $444 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,929 | $4,866 | $6,673 |
Total Monthly Payment | $5,465 | $5,402 | $7,209 |
* 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.