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New construction--Three bedroom home with a flex room (office/Den/Bedroom) with three baths. Two of the bedrooms has a Jack and Jill bath between them and could be a in-law suite! This home also has a large center island in the kitchen area. This 2117 square feet home has a kitchen/great room combo to give that open floor plan that modern day living. This house has cathedral ceilings in the Living Room and Kitchen area and high ceilings throughout the rest of the home. Beautiful, all wood cabinets with soft close feature are throughout the kitchen and three bathrooms, as well as wonderful two-inch thick gorgeous granite countertops. For outdoor living to enjoy Florida's beautiful weather, this home has a 21' x 10' covered lanai in the back of the house. Bedrooms have a split floor plan with the master bedroom on one side of the house and other bedrooms on the opposite side of the house. Master bathroom has a 5' tile shower with no tub and a large linen closet. This home is close to the beach, shopping, restaurants, downtown Venice, Venice marina, Tamiaimi Trail, Interstate 75, and so much more! Builder pays most of the closing cost (except prepaids) with the use of a Preferred Lender. Ask us about our incentives!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,250
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $340,200 | $340,200 | $340,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $51 | $51 | $51 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,958 | $2,037 | $2,712 |
| Total Monthly Payment | $2,084 | $2,163 | $2,838 |
* 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.