Under contract-accepting backup offers. $60k price reduction . Spectacular lakefront Aruba model in Legends Bay. Featuring a huge bonus room with full bath, custom swimming pool, upgraded surfaces and finishes with a modern elegant color palette. Owner added the outdoor summer kitchen and the whole interior house has been professional decorated by a designer . all the chandeliers are high end Z G brand lightings . The house Perfectly positioned on what may be the nicest premium lakefront homesite in the neighborhood. Spacious open layout with large kitchen island. Formal dining room and 4th Bedroom/study are located just off the foyer. Master suite offers his & hers closets, dual sinks, soaking tub, walk-in shower and lovely view of the lake. The bonus room in the back of the house is sure to be a favorite gathering space for relaxing or entertaining. Legends Bay is a private gated community within a mile of world renowned IMG sports academy, Country Club and United Tennis. Just a short drive to the beach, St. Armand's Circle, Sarasota/Bradenton Airport, downtown, fine dining, entertainment and so much more. Call today to schedule a private tour of this fine home and community.
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Our Executive Mortgage Banker:
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$1,148,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $918,400 | $918,400 | $918,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.989% | 7.102% |
Monthly Tax Payment | $860 | $860 | $860 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,110 | $6,033 | $8,191 |
Total Monthly Payment | $7,095 | $7,018 | $9,176 |
* 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.