According to analysts, home prices will increase in 2025 and interest rates will drop so maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. "
About the property:
•3 YEARS NEW & MOVE-IN READY. This new home was built in 2022 with elegance in mind. Full concrete cinder block construction in the highly sought-after waterfront community of North Port’s Duck Key, Sarasota County, near retail shops, schools, restaurants, and public transportation.
•HOA fees of just $54. 08 per month ($661 paid annually) make this home-sweet-home highly eligible for many future homeowners.
•The double glass doors are a statement of good taste and elegance as they welcome you into this fabulous home built with several energy efficient features such as Spray Foam Insulation and Hurricane Impact Windows – withstanding both back-to-back hurricanes of 2024. No flood or any type of hurricane damage to the property in general.
•Gorgeous plantation shutters, remote-controlled ceiling fans, durable wood-look ceramic tile flooring throughout the home are just some of the many fabulous features this home has to offer.
•The spacious living room features glass sliders leading to the pool, an impressive trey ceiling with a modern remote-controlled energy efficient ceiling fan and canned lighting.
•The spacious chef-style kitchen comes fully equipped with granite countertops, pantry, impressive cabinet work, pendant & canned lighting, all stainless-steel appliances installed new in 2022: refrigerator, dishwasher, electric stove with oven, mounted microwave, garbage disposal.
•The laundry room is conveniently located in the home and readily equipped with storage cabinets as well as the full-sized washer & dryer set.
•Your master bedroom features a trey ceiling, canned lighting, and spacious His & Hers walk-in closets. The master bathroom includes a dual entry walk-in shower with a built-in bench, a private water closet with a pocket door, split vanities with granite countertops, and linen closet.
•Two large guest bedrooms with remote controlled ceiling fans, spacious closets, and gorgeous plantation shutters.
•Guest bathroom features a gorgeous glass-tiled shower, bathtub, medicine cabinet, granite countertop, access door leading to the screened-in heated pool and backyard.
•Come home to relax in your custom-built Pebble Tec HEATED POOL surrounded by beautiful pavers. Watch a good show or game in your extended lanai featuring three remote-controlled ceiling fans. For those stormy days, retractable hurricane shades in the lanai bring peace of mind.
•The oversized garage was built with a remote controlled 18' wide garage door includes attic access with a pull-down staircase, the electrical panel, and the water heater – all installed new in 2022 as was the HVAC in the attic. The extra wide driveway provides ample room to fit a few vehicles.
•The elegant elevation & tastefully manicured landscape make this home a must see in person to appreciate all the wonderful benefits it has to offer.
•Water views from your own backyard and if you’re an avid boater, a boat ramp less than one mile away is available to you to sail directly into the Gulf of Mexico.
•Properties like this are a dream for many so take action now instead of listening to fear mongering hype because Florida's real estate market is on a continuous upswing with no downward shift in sight.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,498 | $3,542 | $4,487 |
Total Monthly Payment | $3,990 | $4,034 | $4,979 |
* 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.