This is a tremendous opportunity to own a brand-new property that has been heavily upgraded and impeccably decorated, now being sold turnkey furnished for immediate enjoyment. Located in the exciting new gated coastal community of Coco Bay, this home is just 5 miles from Englewood Beach and approximately 6 miles to the bridge leading to Boca Grande. The property is warm, bright, and inviting, with a single-story layout that includes 3 bedrooms, 2 bathrooms, and its own 2-car garage. The home also features a paver patio, providing the privacy and feel of a house. Peace of mind comes with the excellent elevation in an X flood zone, impact-resistant windows and sliders, and all the structural features required for coastal Florida living. The large chef's kitchen is a standout, offering Quartz countertops, shaker-style cabinets, and stainless-steel appliances, perfect for preparing meals and entertaining. The spacious master suite is a serene retreat with a walk-in closet, dual sinks, a generous tiled shower, and an abundance of natural light. The open floor plan, combined with tile flooring throughout, creates a seamless flow from room to room. Every detail has been meticulously considered in the home's decoration and furnishings, ensuring it is ready to be enjoyed immediately. The custom wall trim carpentry work, along with soft but vibrant new wall colors, enhances the overall style and ambiance of the home. With landscape maintenance included and community amenities on the way, ownership here is easy and stress-free. Estimated to be completed in early spring 2025, these amenities will include an impressive Amenity Center, swimming pool, fitness center, pickleball courts, bocce ball courts, and a playground area, perfect for all ages to enjoy.
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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 | $271,200 | $271,200 | $271,200 |
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 | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,804 | $1,804 | $2,307 |
Total Monthly Payment | $2,036 | $2,036 | $2,539 |
* 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.