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Rare opportunity in highly desirable Cypress Estates! This spacious 3BR/3BA corner villa offers more than 2, 600 sq. ft. of living space and lives larger than many single-family homes. The open-concept floor plan features a 3-way split bedroom design with updated baths, a large Florida room with French doors, and a bright Great room filled with natural light. The island kitchen showcases new appliances and custom cabinetry. The primary suite features an enormous spa-style shower with wall-to-wall bench and his and hers shower heads. IMPACT windows and doors throughout. Private outdoor patio, one-car garage, oversized driveway for 4 cars, extra storage and portable generator included. Located on a quiet cul-de-sac in a private enclave of only 68 residences with clubhouse and heated pool. Welcome to Cypress Estates, one of Palm Aire's most desirable and best-kept secrets. Located within a private enclave of only 68 residences, this spacious corner villa offers more than 2, 600 square feet of living space in a peaceful, tree-canopied neighborhood surrounded by beautiful custom homes. Designed for comfortable everyday living and effortless entertaining, the home features an open-concept floor plan with expansive living and dining areas, a large Florida room with French doors, and a bright open island kitchen that adds even more flexible living space. Southern exposure combined with north, west, and south-facing windows fills the home with natural light throughout the day. A unique 3-way split bedroom layout provides exceptional privacy, with each bedroom offering its own updated bathroom. The oversized primary suite features a spa-inspired shower complete with wall-to-wall bench and dual shower heads. The island kitchen has been updated with new appliances and custom cabinetry, creating a functional and attractive centerpiece for gathering with family and friends. Additional improvements include IMPACT windows and doors throughout, extra storage space off the Florida Room, a portable generator, one-car garage, and an extra-wide driveway capable of accommodating up to four vehicles. Step outside to enjoy a private patio perfect for outdoor dining and entertaining. Residents enjoy a private clubhouse and heated pool within walking distance, along with access to Palm Aire's extensive amenities including golf courses, walking paths, lakes, tennis, pickleball, basketball, volleyball, fitness areas, and playgrounds. Conveniently located near George Brummer Park, the Skolnick Community Center, Publix, shopping, dining, The Pomp entertainment district, Harrah's Casino, and Topgolf. An exceptional opportunity for buyers seeking the space of a single-family home, the convenience of villa living, and one of the best values currently available in Palm Aire.
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NMLS Mortgage Loan Originator ID 24240
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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 | $508,000 | $508,000 | $508,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.650% | 5.866% |
| Monthly Tax Payment | $255 | $255 | $255 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,087 | $3,211 | $4,185 |
| Total Monthly Payment | $3,434 | $3,558 | $4,532 |
* 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.