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This is such a great floorplan, with the Primary Bedroom, full en-suite bedroom, and den on the 1st floor! Cay at Coasterra in Palmetto, Resort style living. New Palmetto model home showcases 2, 628 square feet, 4 bedrooms, 3 full bathrooms, a spacious den, loft, and 2 car garage. Located in a gated community west of I 75, this home offers convenient access to Gulf Coast beaches, shopping, dining, and everyday conveniences. Step inside to discover an open concept floor plan designed for both comfortable daily living and entertaining. The kitchen serves as the centerpiece of the home with a large center island, pantry, and seamless connection to the café and great room. A tray ceiling adds architectural interest to the expansive living area, while large windows fill the home with natural light. Sliding glass doors open to a covered lanai, creating an ideal indoor and outdoor living experience. The first floor includes a private secondary bedroom and full bathroom, making it a versatile space for guests, a home office, or multi generational living. A spacious den near the foyer provides additional flexibility to suit a variety of needs. The first floor owner's suite is privately positioned and features a generous walk in closet and a well appointed en suite bathroom designed with comfort and functionality in mind. Upstairs, a large loft creates an additional living area perfect for gathering, relaxing, or creating a dedicated media or recreation space. Two additional bedrooms with walk in closets share a full bathroom, providing ample space and privacy throughout the home. Coasterra offers an impressive collection of community amenities including a resort style pool, fitness center, clubhouse, pickleball courts, shuffleboard courts, sports field, dog park, scenic walking trails, boardwalks, lakeside gathering areas, pavilion and bar, plus canoe and kayak launches. Combining new construction quality, smart home design, and exceptional amenities, this home presents an outstanding opportunity to enjoy the Florida lifestyle in one of Palmetto's newest gated communities. ****SPECIAL FINANCING AVAILABLE FOR A LIMITED TIME ONLY FROM PREFERRED LENDER. RESTRICTIONS APPLY, FOR QUALIFIED BUYERS, SUBJECT TO APPLICABLE TERMS AND CONDITIONS. SUBJECT TO CHANGE WITHOUT NOTICE****
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $407,999 | $407,999 | $407,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $42 | $42 | $42 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,444 | $2,576 | $3,388 |
| Total Monthly Payment | $2,578 | $2,710 | $3,522 |
* 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.