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Presented by
Ruiz Group SRQ |
Under Construction. Investor Alert! Nearly completed 8-unit complex available — a rare opportunity for investors or seasoned builders to step in and finish an almost completed project in the desirable Deep Creek Community or the builder will complete the project.
Each unit offers 2 bedrooms, 1 bathroom, and 1, 083 sq. ft. of living space, Kitchens feature stainless steel appliances, granite countertops, lots of cabinets, Bathroom has large vanity with storage, lighted mirrors and tiled tub/shower combo, tile flooring throughout, hurricane-impact windows, tankless water heaters, and spacious bedrooms.
The builder will complete the project or if an investor wants to negotiate taking over the project detailed breakdown of remaining items with estimated completion costs and contractor contacts is available for review. **Permits are transferrable** to the new buyer, making for a smooth transition and quick project completion.
Don’t miss this chance to acquire a high-demand income-producing property in a prime location. Call today for more details or to schedule a tour — and be sure to take the attached virtual walkthrough to explore the units online! List available of items remaining and approx. . cost to complete.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
Sales Associates
William Raveis Real Estate
Phone: 941.544.3299
TeamRuiz@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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.046% | 5.846% | 5.700% |
| Monthly Tax Payment | $127 | $127 | $127 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,731 | $8,170 | $11,439 |
| Total Monthly Payment | $7,983 | $8,422 | $11,691 |
* 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.