This magnificent MILANO model is now available. Located in Valencia Lakes, Tampa Bay’s premier 55+ Active Adult community, this home is a unique treasure. Tall ceilings make the 2, 651SF feel even bigger. On approach, be marveled by amazing gardens and a grand portico leading to the spectacular impact-resistant WEXFORD glass front door. The welcoming foyer features a 15’ ceiling fashioned with a classical 3 tiered chandelier and affords a wonderful view of the home. Graceful 30"x15” Spanish tile adorns the floors in the common areas and exceptional crown molding runs throughout. Left of the foyer is the dining room that basks in natural light and features another traditional chandelier, and will comfortably accommodate 10 persons. Forward of the foyer is a tranquil 15’x18’ living room with octagonal 10’-11’ tray ceiling, and 9’ wide sliders. A great space to host friends & family or to savor quiet moments. The kitchen is a chef’s delight. Luxurious cabinetry abounds; lower cabinets are primarily soft-close pot drawers capped with stunning flowing quartz counters topped with a marble subway tile backsplash, and the upper cabinets feature soft-close doors and under cabinet lighting. Stainless-steel appliances, a wall-mounted double oven, counter-top cooktop and a oversized single basin sink with an industrial style faucet will exceed the chef’s desires. The counter-height peninsula counter will seat three and has a built-in beverage fridge leading into a very spacious family room. Sliders to the lanai on one side and windows on two other walls ensures the family room has abundant natural light. The casual dining area features an impressive corner-window that brings the outdoors, indoors. The living room, family room, and primary bedroom feature access to the sizeable and gorgeous lanai. The primary bedroom suite encompasses the South wing of the home providing the owners with sumptuous comfort and privacy. The frosted glass door and 4-pane bay windows and the 13'9"’ tray ceiling make this 14’x21’ room feel even bigger. Mirrored sliding doors front the two walk-in closets and a truly unique space lies between the bedroom and the ensuite. Perhaps it will be a dressing room, a private office, or a sanctuary. How will you use this space? The ensuite bathroom is astonishing; colossal, refined and practical. A freestanding 72” rectangular bathtub fronted by Tuscan columns ensconced in arabesque marble tile centers this oasis. Extensive separated vanities topped with full-width mirrors frame the room and a massive glassed, level walk-in shower completes this space, save for the W/C for the commode. The North wing features two bedrooms with shed ceilings and a second bathroom. Environmental comforts are assured by hurricane resistant impact glass windows throughout, 25 photovoltaic solar panels, two CARRIER Heat pump HVACs, a Culligan water softener & reverse osmosis system. This MILANO shines with quality, security, space, and luxurious comfort. The coveted Valencia Lakes community has an amazing 40, 000SF Clubhouse offering entertainment shows, dances, over 140 Clubs, a 5, 000SF 24/7 State-of-the Heart Fitness Center, Resort-style pool, 5 Lane-Lap pool, Resistance pool, Spa, Steam & Dry Saunas, 2 Multi-Purpose Fitness Rooms hosting Classes, Games Rooms, 7 Pickleball courts, 6 USTA Har-Tru Clay Tennis courts, Bocce, Shuffleboard, Basketball Half-Court, Softball Field, RV & Boat Storage Facility, Garden plots, Dog Park and a venerated Memorial Honor Circle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $546 | $546 | $546 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,153 | $3,190 | $4,048 |
Total Monthly Payment | $3,791 | $3,828 | $4,686 |
* 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.