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Under contract-accepting backup offers. This Captiva villa by Medallion Home offers a rare combination of a private pool and long water views in the gated community of Watercolor Place in Bradenton, just minutes from Lakewood Ranch and I-75. Designed for effortless Florida living, this residence features 2 bedrooms, 2 bathrooms, plus a dedicated den, with 1, 569 square feet of thoughtfully planned living space.
The gourmet kitchen includes quartz countertops, a built-in double oven, gas cooktop, and modern finishes, opening seamlessly to the great room. Tile flooring extends throughout the main living areas and den. Expansive water views are enjoyed from the primary suite and all main living spaces, while the extended paver lanai and private screened pool create a peaceful outdoor retreat ideal for relaxing or entertaining.
Enjoy the benefits of nearly new construction with no CDD fees in this low-maintenance, gated community. Watercolor Place offers tile roofs, impact windows, brick paver driveways, reclaimed irrigation, and an amenity center with clubhouse, outdoor kitchen, resort-style pool, and spa. Convenient to shopping, dining, medical facilities, and major commuter routes throughout Bradenton and Lakewood Ranch.
This property may be eligible for up to 25 programs, including down payment assistance of up to $25, 140. INQUIRE FOR DETAILS!!!
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Our Executive Mortgage Banker:
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$499,000
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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.648% |
| Monthly Tax Payment | $128 | $128 | $128 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,361 | $2,458 | $3,235 |
| Total Monthly Payment | $2,564 | $2,661 | $3,438 |
* 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.