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One or more photo(s) has been virtually staged. Under Construction. Avalon Park Tavares is a quaint live-work-play community featuring tree-lined streets, waterways, and the charm of a small-town lifestyle. Stanley Martin Homes offers affordable living and modern design, combining comfort and style with the timeless appeal of this unique neighborhood. As part of this 155-acre community, homeowners will enjoy commercial and recreational spaces focused on the health and well-being of its residents. Nestled in the serene landscape of Lake Hermosa, Avalon Park Tavares combines a lifestyle where homeowners feel connected to their neighbors and involved in their community. Market Street will be the center of it all, where shopping, dining, and recreational options will abound. Not limited to Market Street, Avalon Park Tavares will offer acres of parks, walking trails, lakes, and more.
Welcome to the Cortez II, a beautifully designed two-story single-family home that seamlessly blends functionality with modern living. With a generous layout of 1, 876 square feet, this residence features four spacious bedrooms and 2. 5 baths, making it an ideal choice for families or those who enjoy entertaining. The heart of the home is the modern kitchen, which boasts a large island with seating, perfect for casual meals or gatherings. The kitchen flows effortlessly into the great room and dining area, creating an inviting space that extends to a back patio, ideal for outdoor relaxation and entertaining. Upstairs, the Cortez II offers a thoughtful arrangement of bedrooms that cater to various lifestyle needs. The primary suite is a true retreat, complete with a generous walk-in closet and an en-suite bath featuring dual vanities and a linen closet. Adjacent to the primary suite, one bedroom can serve as a cozy nursery or a productive home office, while two additional bedrooms at the front of the home are separated by a loft, providing privacy for older children or guests. A full bath with dual sinks and a conveniently located laundry room with a sink enhance the home's practicality. *Photos are from a similar home.
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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 | $279,592 | $279,592 | $279,592 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | $364 | $364 | $364 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,675 | $1,765 | $2,303 |
| Total Monthly Payment | $2,114 | $2,204 | $2,742 |
* 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.