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Under Construction. What's Special: Covered Extended Lanai | West Facing Lot | Flex Room | Gourmet Kitchen. New Construction – December Completion! Built by Taylor Morrison, America’s Most Trusted Homebuilder. Welcome to the Bahama at 5241 Bowspirit Way in The Waters at Center Lake Ranch. The Bahama floor plan blends timeless charm with modern livability. This two-story layout features four bedrooms and smart design throughout. On the main floor, the gathering room opens to a gourmet kitchen and casual dining area, all beneath a stunning two-story ceiling. The kitchen’s large island and walk-in pantry connect directly to a formal dining room, also accessible from the foyer. A first-floor primary suite offers style and seclusion with a roomy walk-in closet and spacious bath. Upstairs, a loft with an adjacent study overlooks the living area, while three bedrooms and two full baths complete the second floor. A sunny lanai spans the back of the home. The Waters at Center Lake Ranch is part of the master planned Center Lake Ranch community, spanning 2, 050 acres just south of Lake Nona in Osceola County. Located along the Narcoossee corridor, this natural gas community offers exceptional value for those seeking new homes near Medical City. Residents enjoy a walkable neighborhood with thoughtfully designed streets, multi-use trails, recreational spaces, and conservation wetlands that enhance everyday living. Additional Highlights Include: Gourmet kitchen, extended covered lanai, and a shower in place of tub at bath 2. Photos are for representative purposes only. MLS#O6361322
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Our Executive Mortgage Banker:
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$560,000
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 | $448,000 | $448,000 | $448,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,579 | $2,683 | $3,572 |
| Total Monthly Payment | $2,671 | $2,775 | $3,664 |
* 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.