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One or more photo(s) has been virtually staged. Exclusive lending opportunities for this property- reach out for more details. This coveted Sea Mist floor plan in Grand Palm by Neal Communities was built in 2021. Located near beautiful beaches, Wellen Park and Downtown Venice. The resort style community of Grand Palm offers walking trails, pools, pickleball, fitness center, tennis, dog park and activities director and more. As you enter this open and bright home you see 10 ' ceilings, plantation shutters, wood look tile floor and a sparkling pool & spa with view of the water through the double sliders. The large den makes a great home office or flex space. The great room has a tray ceiling, plenty of windows and is open to the kitchen and dining area. The gourmet kitchen offers a gas cook top w/ exterior vented hood, wall oven, upgraded cabinets, quartz and walk in pantry. Family and friends will gather around large kitchen island during get togethers. The powder bath for dinner guest is conveniently located while still private. The primary bedroom has a view of the pool, tray ceiling, walk-in closets, and double sinks in the primary bath. Guest bedrooms share a generous Jack & Jill bath with double sinks. The large laundry room has dedicated circuit for a 2nd refrigerator or freezer, washer and gas dryer provided. The 3 car garage w/epoxy floor paint keeps the floor clean and shiny. Impact windows, hurricane screens on the lanai and whole house surge protector provide convenience and security. Lanai is pre-plumbed w/ gas grill & sink for outdoor kitchen.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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
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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 | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.541% |
| Monthly Tax Payment | $770 | $770 | $770 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,520 | $3,713 | $4,984 |
| Total Monthly Payment | $4,382 | $4,575 | $5,846 |
* 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.