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*** This property qualifies for a 1% rate reduction if using preferred lender. Inquire for more details. ***Exceptional value awaits in this expansive 5-bedroom, 3-bathroom home, perfectly designed for multi-generational living or co-living, offering flexibility with three separate living spaces, including a private mother-in-law suite with a separate entrance. Located on a private corner lot in the sought-after Lexington Community, this 2, 904 sq. ft. residence boasts low HOA fees and rare to find this low of a CDD! A flexible 5th bedroom can serve as an office, den, or homeschool space, while the large eat-in kitchen features ample cabinetry, a trendy backsplash, and tubular skylight that create a stunning moonlight effect in the evening. The spacious primary suite (16x22) has an en-suite bath that includes dual sinks, a garden tub, and a walk-in shower for a spa-like retreat. Energy efficiency is top-notch with an attic insulation barrier, four solar roof vents, and a Kinetico water purifier/softener; keeping utility costs low. The hurricane-rated 3-car garage includes a built-in workbench and shelving. Enjoy the best of Florida living with an enclosed patio and a beautifully landscaped backyard, perfect for relaxing or entertaining, while the covered front porch overlooks a serene pond. The community pool, tennis courts, basketball court, playground and parks are just a short stroll away. Do you love pickleball? Get ready to play in this community! The home’s prime location offers easy access to Sarasota, Bradenton, St. Petersburg, Tampa and beaches. Don't ’t miss this rare opportunity. Schedule your showing today!
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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 |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.794% |
| Monthly Tax Payment | $468 | $468 | $468 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,393 | $2,490 | $3,262 |
| Total Monthly Payment | $2,936 | $3,033 | $3,805 |
* 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.