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LOCATION, LOCATION, LOCATION - With an assumable VA mortgage opportunity!
I am delighted to present an exceptional residential offering that perfectly embodies the adage of prime location coupled with meticulous care, modern amenities and the added advantage of a valuable assumable VA mortgage for qualified buyers. This impeccably maintained property in North Port, designed as the sought-after Biscayne model, promises a tranquil and convenient lifestyle.
Upon entering this distinguished residence, you are greeted by an expansive open floor plan accentuated by soaring cathedral ceilings, creating an immediate sense of spaciousness and airiness. The thoughtfully designed layout includes three well-appointed bedrooms plus a versatile den, perfect for a home office, study, or additional guest accommodation. The property also benefits from an oversized two-car garage, offering ample storage and convenience.
The oversized primary suite is a true sanctuary, featuring dual walk-in closets for generous storage, dual vanities for added comfort, a beautifully tiled shower, and a private water closet, ensuring a refined and private experience.
This home has undergone significant and recent upgrades, providing both aesthetic appeal and peace of mind. These include brand new flooring installed in 2023, a modern air conditioning system from 2022, a recently replaced roof in 2018, updated plumbing fixtures and a new sink added in 2022, and a professionally serviced septic system in 2023. Further enhancements include a whole-house Kinetico water system, comprehensive hurricane shutters, LeafGuard gutters with underground drainage, a Ring security system, and pre-wiring for both fiber and cable, ensuring modern comfort, security, and connectivity.
Step outside into your private outdoor oasis, where the professionally landscaped grounds feature a fully fenced backyard designed for relaxation and entertainment. Enjoy the in-ground fire pit, cultivate your passions in the raised garden beds, or find serene privacy behind the elegant bamboo feature. A hurricane-proof gazebo provides a perfect shaded retreat, and an oversized, powered shed (installed in 2021) offers ample space for hobbies or additional storage.
Strategically situated on a quiet street, this home offers unparalleled convenience with immediate access to I-75, close proximity to various shopping destinations, and scenic walking paths along Panacea Drive. In addition to its exceptional features, this property offers a rare opportunity: an assumable VA mortgage for qualified buyers, potentially allowing a purchaser to take advantage of a favorable interest rate with lender approval.
This turnkey residence represents a remarkable opportunity for comfortable, ready-to-enjoy living.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$344,950
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 | $275,960 | $275,960 | $275,960 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | $84 | $84 | $84 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,655 | $1,722 | $2,273 |
| Total Monthly Payment | $1,814 | $1,881 | $2,432 |
* 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.