Built in 2023 by the acclaimed M/I Homes, 16714 Savory Mist Circle is a modern masterpiece in the esteemed Sweetwater community of Lakewood Ranch. Featuring the elegant Braden floorplan, this home is designed for both comfort and style, with upgraded finishes and thoughtful details throughout—all backed by a transferable warranty for your peace of mind.
The open-concept design includes striking tray ceilings in the living room, 8-foot doors throughout, and a versatile flex room perfect for a home office or creative space. The kitchen boasts upgraded cabinetry, a designer backsplash, and premium finishes, while the primary suite offers serene pond views and a spa-like bathroom complete with a frameless glass walk-in shower.
Step outside to enjoy tranquil pond views from your backyard or admire the shimmering lake just across the street. The Sweetwater community offers an array of amenities, including a state-of-the-art gym, resort-style pool, pickleball courts, and a playground, ensuring something for everyone.
This exceptional home also comes with special financing options and closing cost incentives, providing even more value than new construction. Perfectly located near top-rated schools, upscale shopping, and fine dining, this home delivers luxury and convenience in equal measure.
Schedule your private tour today and experience the elevated lifestyle awaiting you at Sweetwater.
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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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $747 | $747 | $747 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,327 | $3,327 | $4,253 |
Total Monthly Payment | $4,166 | $4,166 | $5,092 |
* 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.