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7703 BRITISH OPEN WAY, Lakewood Ranch, FL, 34202 | $5,490
RENT-TO-OWN / LEASE OPTION OPPORTUNITY ONLY. Dreaming of homeownership but not quite ready to buy today? This is your opportunity to move into your future home now and purchase it later through an exclusive lease-option program. Traditional rentals come and go, but this home offers a unique path to ownership in one of Florida's most desirable communities.
Welcome to 7703 British Open Way, a fully updated, move-in-ready home located within the esteemed Lakewood Ranch Golf & Country Club and the award-winning master-planned community of Lakewood Ranch. This spacious residence features 5 bedrooms, 2. 5 bathrooms, and a 2-car garage, situated on a premium corner lot with peaceful pond views.
Perfect for buyers who may be rebuilding credit, waiting for a home to sell, relocating for work, or simply needing additional time before obtaining traditional financing. This lease-option opportunity allows you to enjoy the benefits of living in your future home while working toward ownership.
Recent updates include a brand-new kitchen, updated bathrooms, new flooring, a 2023 AC system, and a 2021 tile roof with an estimated 30+ years of remaining life. Additional features include a screened pool cage with spa, community pool access, available 4-Point and Wind Mitigation inspections, a completed appraisal report, and a property that has successfully passed inspections.
Ideally located just minutes from University Town Center (UTC), Waterside Place, I-75, top-rated dining, shopping, entertainment, Sarasota's beautiful beaches, and downtown Sarasota. Residents enjoy access to championship golf, multiple clubhouses, tennis and pickleball courts, heated pools, fitness facilities, walking trails, and an active social calendar, all within a gated community known for its exceptional lifestyle, safety, and highly rated schools.
Why spend years building someone else's equity when you can work toward owning a home in one of Florida's most sought-after communities? With nearby homes selling near and above $1 million, this lease-option opportunity provides a rare chance to establish your future ownership position today.
Lease-option inquiries only. Traditional rentals will not be considered. Schedule your private showing today and learn how you can move in now and buy later.
Features
- Type: Single Family Residence
- Bedrooms: 5
- Baths: 2 full / 1 half
- Laundry: Laundry Room
- Year Built: 1999
- Garage: 2-car
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,697
- Acreage: 0.17
- Lot Desc: Corner Lot
- Pet Policy: Yes
- Appliances: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Range Hood, Refrigerator, Wine Refrigerator
- MLS#: TB8519152
- Days on Market: 14 days
- Website: https://www.raveis.com
/prop/TB8519152/7703britishopenway_lakewoodranch_fl?source=qrflyer
Listing courtesy of AMETHYST PROPERTY ADVISORS LLC Phone: 954-842-8683
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7703 BRITISH OPEN WAY, Lakewood Ranch, FL, 34202
$5,490
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $4,392 | $4,392 | $4,392 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $27 | $28 | $36 |
| Total Monthly Payment | $102 | $103 | $111 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388