Under contract-accepting backup offers. SELLER is OFFERING BUYER $10, 000 TOWARDS INTEREST RATE BUYDOWN! Nestled in the tranquil enclave of Lakewood Ranch's Park East at Azario, this stunning Taylor Morrison-built residence offers an idyllic blend of elegance and comfort. Boasting 2, 422 square feet of air-conditioned space and a total of 3, 134 square feet, this Boca Grande floor plan home features four bedrooms, 2. 5 bathrooms, and a serene lake view. The main floor welcomes you with 24 x 24 designer tile flooring throughout, encompassing a spacious living room, dining room, and family room with two sets of sliders leading to the covered lanai. The gourmet kitchen is equipped with quartz countertops, stainless-steel appliances including a French door refrigerator, built-in oven and microwave, and a gas cooktop, complemented by a breakfast bar and a closet pantry. A powder bath and a convenient laundry room with access to under stairs storage complete the main level. Upstairs, discover a versatile 17 x 20 bonus room and the luxurious primary en suite featuring a sitting room, extra-large walk-in closet, tray ceiling, double-sink vanity, frameless glass shower, soaking tub, and private water closet. Three additional bedrooms and a guest bath provide ample space for family and guests. Outside, residents can indulge in the array of community amenities including a pool & spa, sand volleyball court, basketball court, dog park, playground, corn hole lawn, and sports field, making this residence the epitome of Florida living at its finest. Lakewood Ranch is the number one best-selling, multigenerational community in the country and located near world-class shopping, dining, entertainment of Lakewood Main Street, University Town Center, downtown Sarasota and is minutes to I-75, beaches, great schools and medical facilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $666 | $666 | $666 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,138 | $3,057 | $3,882 |
Total Monthly Payment | $3,896 | $3,815 | $4,640 |
* 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.