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Under Construction. In addition to a great new home with great amenities, enjoy a $25, 000 flex cash incentive on this brand new home. This brand new luxury Bay Haven model from Privada Homes located in the amenity-rich community of Gracewater will be ready for occupancy soon and has touches that even the most sophisticated buyer will enjoy. Starting with the location, Gracewater is located just 3 miles from downtown Sarasota and is convenient to Gulf Beaches, shopping and dining as well as the I-75 corridor. This gated community will feature an excellent amenity center- “The Pura Vida Club” which will offer a beach entry resort style pool with cabanas, a full-time social director to promote community interactions, fitness center to focus on your health, and pickle ball courts for non-stop fun. For your furry friends there is also a dog park. This brand new home features top-of-the-line construction with all impact glass doors and windows, storm-rated 8 foot garage doors, and all the latest building code standards. Inside, you’ll be drawn to water views and sunsets nightly from the rear of the home, and a host of upscale features such as Kitchen-Aid natural gas range, 42 inch uppers and soft close cabinetry in the kitchen, tile backsplash and Moen fixtures. The Bay haven offers a large and luxurious primary suite with oversized walk-in closet and bath with dual vanities. The main living level also features a dedicated office and open concept kitchen/living area. The upstairs area offers a bonus room, and full ensuite bedroom, and two additional bedrooms with shared bath. This home also comes with a heated pool and spa package and screened cage! Take advantage of new and now- schedule your private showing of this fine home today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,995
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $799,996 | $799,996 | $799,996 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $432 | $432 | $432 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,796 | $4,926 | $6,751 |
| Total Monthly Payment | $5,320 | $5,450 | $7,275 |
* 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.