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Under Construction. What's Special: Covered Extended Lanai | 1st Floor Primary Bedroom | Corner Lot | Larger Lot | 3-Car Garage. New Construction - September Completion! Built by America's Most Trusted Home Builder. Welcome to the Tortola at 16286 Alpha Grove Place in Victoria Lakes! From the front porch of this new home, you step into an open and inviting foyer with a soaring two story ceiling that immediately sets a bright, welcoming tone. Just off the foyer, you will find a secondary bedroom with a private en-suite bath, along with a powder room, laundry space, and easy access to the two-car garage. The heart of the home is the spacious great room with a built-in bar, which flows effortlessly into the gourmet kitchen featuring an elongated center island, walk in pantry, and a dining area designed for everyday living. Oversized sliding glass doors lead you out to the sunny covered lanai, creating an easy indoor-outdoor connection. Tucked privately on the main level, the primary suite offers a relaxing retreat with a spa inspired en-suite bath and walk in closet. Upstairs you will find three secondary bedrooms, one with an en-suite bath, another full bathroom and spacious game room. Need extra room? You will love the extra flexibility and storage that come with the third car garage. Victoria Lakes blends rural community roots with nature-focused amenities. Enjoy a fishing dock, wide open green spaces, an oak hammock with a dog park, and scenic trails and boardwalks surrounded by cypress forests. It’s the perfect place to relax, explore, and connect with the outdoors. Additional Highlights Include: built-in bar in the great room, 2-car courtyard style garage, covered extended lanai, garden tub in the primary bathroom, pocket sliding glass door in the great room, tray ceiling package, shower in place of a tub in bathroom 3, interior door into the game room, and 8' interior doors. Photos are for representative purposes only. MLS#TB8494853
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $871,944 | $871,944 | $871,944 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,158 | $5,298 | $7,358 |
| Total Monthly Payment | $5,283 | $5,423 | $7,483 |
* 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.