Welcome to 20309 Fair Oak Ln, a stunning new-construction home in the coveted River Creek Community. Completed in 2024 by renowned builder GL, this two-story Biscayne floor plan offers exceptional design and functionality. Featuring four bedrooms plus a loft and four full bathrooms, the layout includes a convenient main-level bedroom and bath, perfect for guests or multigenerational living. Step inside to discover a bright and inviting interior, illuminated by west-facing sliding doors that bathe the home in natural light. The gourmet kitchen is a chef’s dream, boasting premium appliances, a gas stove, and luxurious upgrades throughout. The interior finishes are timeless, casually elegant, and elevated chic, perfectly blending sophistication with comfort. High-end finishes include custom-built cabinetry, beautiful millwork, and thoughtfully curated design elements. Outdoors, the resort-style pool and state-of-the-art summer kitchen create a private retreat for relaxation and entertaining. The expansive lanai, equipped with hurricane-rated sliding doors, seamlessly blends indoor and outdoor living. Additional highlights include a spacious laundry room with abundant storage, and a two-car garage offering ample parking and organizational solutions. Perfectly situated near Coconut Point, Miramar Outlet Mall, Publix, I-75, RSW International Airport, and top-rated schools, this home delivers unparalleled convenience in a prime location. Discover luxurious living at its finest in this spectacular River Creek gem.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $236 | $236 | $236 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,185 | $7,005 | $9,557 |
Total Monthly Payment | $7,546 | $7,366 | $9,918 |
* 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.