Pre-Construction. To be built. Check out this preconstruction home, currently a 5/3. 5 plan, situated on a premium acreage lot on the intercoastal waterway. This new designer home is situated only minutes to the Gulf of Mexico with no bridges. Dock your boat, fish or watch amazing sunsets views! Ride your golf cart, to the white sandy pristine beaches of Manasota Key less than 5 minutes away! Soaring ceilings up to 21' in this open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for family and friends to gather. The spacious master bedroom is a true retreat, complete with an en-suite bathroom and a walk-in closet. The two additional bedrooms are well-appointed and offer plenty of natural light. Fourth bedroom is optional. The bathrooms are beautifully designed and feature high-end finishes, creating a spa-like ambiance. Additions and changes can be made easily to this floor plan, even a separate Guest house is allowed. The exterior of the property is equally impressive, with a lot size of 5, 175 square feet. Whether you envision creating a serene garden oasis or a vibrant entertainment area, the possibilities are endless. Seize the chance to reside in this captivating coastal waterfront Florida residence. This is not an opportunity you want to overlook! Ask us about the possibility of owner financing on this gem!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,250,000
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 | $3,400,000 | $3,400,000 | $3,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $541 | $541 | $541 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,194 | $22,620 | $30,323 |
Total Monthly Payment | $23,860 | $23,286 | $30,989 |
* 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.