Under contract-accepting backup offers. Steal away to paradise at the exquisite Grand Preserve on Lemon Bay, in Englewood, Florida. This exceptional turnkey waterfront condominium is a true coastal gem, offering a lifestyle blend of peaceful relaxation and activity.
As you step inside, you'll be greeted by fully natural views of Lemon Bay through large windows and a screened lanai. The warm Florida sunshine fills the spacious living area, offering year-round breathtaking sunsets over the water and over 300 feet of mangrove preserve. The open concept design seamlessly connects the living room, dining area, and kitchen, making it the perfect space for entertaining and enjoying the company of loved ones.
The kitchen features granite counters, modern appliances, and ample counter space. A walk-in pantry with floor to ceiling deep shelves can accommodate both food items, and sundry kitchen countertop appliances. Whether you're preparing a gourmet meal or a quick snack, this kitchen is equipped to handle it all. In the morning, you'll come back for a second cup of coffee after enjoying painting-like views from the screened lanai.
The owners' suite is a tranquil retreat, offering its own views and access to the lanai, a huge walk-in closet plus several additional closets, and an ensuite bathroom. The primary bathroom is equipped with a jetted tub, separate shower, and dual sinks. Your guests will feel right at home in the spacious guest bedrooms, featuring plantation shutters, a walk-in closet, and a second full bathroom.
This unit also includes a grand foyer, additional half bath, and a large private laundry room with washer and dryer, and plenty of storage throughout.
The Grand Preserve on Lemon Bay offers well-maintained private amenities to enhance your Florida lifestyle. Take a dip in the sparkling community pool, enjoy a game of tennis or pickleball, or take a leisurely stroll on the private dock. This gated community also features a private marina for the boating enthusiast and fishing areas for those who prefer to cast a line. Boat slips come available for rent or purchase, and accommodate vessels up to 30 feet long. There is also a clubhouse featuring common areas, fitness room, and a full kitchen. There is an underground parking spot for residents, a private storage cage, and 50+ guest parking spaces.
Englewood is known for its beautiful beaches, and this condo is just a short drive away from some of the best in the area. Explore charming shops, dine at fantastic restaurants, and experience all the cultural and recreational activities this coastal town has to offer.
Make this your own piece of paradise. Schedule your private showing today and discover the difference and Grand Preserve on Lemon Bay.
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William Raveis Mortgage, LLC
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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 | $516,000 | $516,000 | $516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $454 | $454 | $454 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,520 | $3,476 | $4,460 |
Total Monthly Payment | $4,066 | $4,022 | $5,006 |
* 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.