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Located in the boutique community of Grande Orchid Estates, this gut-renovated home is just under 4, 400 SF and features a southern lake view with 6 bedrooms, plus an office, a large upstairs loft area and 5. 1 bathrooms. Updates include a 2024 Roof, 2024 impact windows/doors, renovated kitchen with a $50k Miele appliance package (including built-in coffee machine and kitchen faucet sparkling water system), fully renovated laundry room complete with elevated washer/dryer, redesigned white oak staircase with 60 linear feet of glass railings, level 5 skim-coated walls, 3 new Lennox variable speed A/C's, new 85 gallon water heater, 48'' x 48'' porcelain tile floors throughout the first floor, engineered hardwood floors in main bed downstairs and throughout upstairs (herringbone and straight plank layout), renovated bathrooms, new exterior/interior paint, 2 new garage motors, whole home water filter (catalytic carbon system), resurfaced pool with a new variable speed pump and 240V connection in garage for electric car charging. The South/Southwest exposure allows for an unbelievable amount of natural light. The entryway on the first floor leads into the formal living room with 24 foot ceilings, as well as the main bedroom, office and guest bedroom, with 4 additional bedrooms and loft area upstairs. HOA includes internet & cable (1 gigabit internet speed and high-tier cable package with all movie channels). Grande Orchid Estates features 89 custom built homes with private access to Morikami Park/trails, as well as a 24/7 guard house and recently renovated clubhouse - offering a large heated swimming pool, an updated fitness center, tennis courts, pickle ball court, basketball court and party room with kitchen area for private gatherings. Situated in the most highly sought-after school district (Morikami Elementary, Omni Middle and Spanish River High) with a phenomenal central location. Ideally located close to beaches, upscale Atlantic Avenue, shopping and dining options, top ranked public schools, private schools and places of worship.
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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 | $1,996,000 | $1,996,000 | $1,996,000 |
| 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 | $1,722 | $1,722 | $1,722 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,022 | $11,648 | $16,309 |
| Total Monthly Payment | $12,869 | $13,495 | $18,156 |
* 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.