Welcome to the charming Del Rio floor plan by Meritage Homes. Upon entry you are greeted with a two story grand foyer, a flex room with custom barn doors to the left, and formal dining room with an elegant accent wall to the right. Continuing through the entry way, the home opens up into a beautiful great room and gourmet kitchen with an eat-in dining area. The kitchen features 42” cabinetry, double oven, custom backsplash, and stainless steel appliances. The family room has sliding glass doors that look out into a gorgeous lanai, featuring a custom built salt water pool with a tanning ledge and pool spa to unwind after a long day. The lanai extends the length of the home with plenty of space for your outdoor entertaining pleasure. Back inside the home, there are two bedrooms downstairs, a master to the left with a huge walk-in closet and large master bath with his and her vanities. To the right downstairs is an additional bedroom with it’s own bathroom which could also be utilized as a pool bath. There is a laundry room downstairs and an additional one upstairs for added living convenience. As you wander upstairs, you are greeted with a huge loft/game room that includes a wet bar. To the left there is an additional master upstairs which also has a substantial walk-in closet and large bathroom with his and her sinks. Continuing down the hall is a flex room that can be used as a bedroom once a closet is installed. On the right side of the game room is a large media room perfect for family movie nights. There are three additional bedrooms each having their own walk in closets for ample storage and two more bathrooms. Additional features include two electric water heaters, upgraded ceiling fans, two driveways, a fully fenced in yard, and Cat 5 internet cables installed for each room for higher internet speeds. This home backs up to conservation area with beautiful sights of Florida’s wildlife, and is located near the sought-after Black Hammock wilderness area. Community amenities include children’s playground with large green space and gated entry for additional security. Nearby entertainment and dining are located only two miles away at Oviedo on the Park.
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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 | $960,000 | $960,000 | $960,000 |
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 | $720 | $720 | $720 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,549 | $6,387 | $8,562 |
Total Monthly Payment | $7,394 | $7,232 | $9,407 |
* 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.