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Exceptional 2 story lakefront residence located in the prestigious Grand Bay community in Doral, featuring 5 bedrooms, 5 bathrooms, and approximately 4, 159 Sq. Ft. of living area on a 5, 000 Sq. Ft. lot. This is one of the largest models within the community, offering expansive interior spaces ideal for both entertaining and comfortable family living. The home features elegant wood flooring installed just 2 years ago, adding warmth and sophistication throughout. Enjoy beautiful direct lake views from the backyard with a BBQ area, terrace furniture included in the sale, and mature coconut trees that create a private tropical atmosphere. All bedrooms are generously sized, perfect for family and guests. Laundry appliances are also included. Furniture inside the home may be included depending on the buyer’s preference. This residence offers the convenience of 2 separate A/C units. Located in a highly gated community with an HOA fee of approximately $437 monthly, residents enjoy access to the clubhouse, fitness center, beautifully maintained common areas, paved roads, sidewalks, and a children’s playground conveniently located directly in front of the property, perfect for families and pet owners alike. The home also features a durable tile roof and no rental restrictions, allowing immediate leasing after purchase. Property is not subject to appraisal contingency. Listing agent is also the owner of the property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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| Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
| 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 | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | $80,125 | $80,125 | $80,125 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,434 | $7,635 | $10,464 |
| Total Monthly Payment | $87,684 | $87,885 | $90,714 |
* 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.