3651 SW Magnolia Ridge Lane, Palm City, FL, 34990 | $498,600

ASK ab?ut ?ption?l build?r inc?ntives! New Construct?on ?ownhome in Prime Palm City Location! Introducing the Jasmine Model – a stunning 4/3/1. This beautiful home features CBS construction on both levels, impact glass windows, and elegant tile flooring throughout the living areas, 10' ceilings on the first floor and 9'4" upstairs, & 8' interior door. The huge owner's suite includes an expansive walk-in closet and a luxurious private bath. Island kitchen comes equipped with SS GE appliances & shaker cabinets. Additional features include a paver driveway, energy-efficient construction, and a Fall 2025 move-in timeline. Special Financing Available! Builder-paid rate buydown available: 4. 99% fixed rate (5. 13% APR) or 3/2/1 buydown with approved lender. 30-year fixed conventional loan, 80% LTV. Buyer must qualify and use preferred lender. Rate subject to credit approval and market conditions. Offer valid through 2025. Terms subject to change.

Features

  • Amenities: Pool,Street Lights,Gated,Sidewalks
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Washer Hookup
  • Garage: Attached,Garage,Two Spaces,Garage Door Opener
  • Heating: Central,Electric,Individual
  • Cooling: Attic Fan,Central Air,Electric
  • Approx Sq. Feet: 1,964
  • Acreage: 0.05
  • Est. Taxes: $530
  • HOA Fee: $190
  • Elem. School: Palm City
  • Middle School: Hidden Oaks
  • High School: Martin County
  • Pet Policy: Number Limit,Pet Restrictions,Size Limit
  • Appliances: Some Electric Appliances,Dishwasher,Electric Range,Disposal,Microwave,Refrigerator,Water Heater
  • MLS#: M20051620
  • Days on Market: 165 days
  • Website: https://www.raveis.com
    /prop/M20051620/3651swmagnoliaridgelane_palmcity_fl?source=qrflyer
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Room Information

Type DimensionsLevel
Bedroom2 12.0 x 11.0Second
Bedroom3 12.0 x 11.0Second
Bedroom4 11.0 x 11.0Main
DiningRoom 9.0 x 13.0Main
GreatRoom 14.0 x 16.0Main
Patio 7.0 x 12.0Main
PrimaryBedroom 15.0 x 14.0Second

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Ying Emma ZhangLuxury Properties Specialist

917.414.8942

YingEmma.Zhang@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3651 SW Magnolia Ridge Lane, Palm City, FL, 34990

$498,600

Ying Emma Zhang

Luxury Properties Specialist

William Raveis Real Estate

Phone: 917.414.8942

YingEmma.Zhang@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $398,880 $398,880 $398,880
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.132% 5.415%
Monthly Tax Payment $44 $44 $44
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,265 $2,389 $3,180
Total Monthly Payment $2,384 $2,508 $3,299

* 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.