The Estates at TerraNova bring to life a place where equestrians of all levels can live, work and play on Florida's beautiful Gulf coast. With a world-class horse show facility, and over a thousand acres of premium land, TerraNova is the perfect hybrid of luxury equestrian living and family-friendly atmosphere surrounded by Florida's natural beauty. TerraNova is not just a residential development, it's a unique and high-quality Equestrian Center. Nestled along the charming Myakka River, the estates offer an unparalleled lifestyle with hacking trails under the canopied moss-laden oaks and riding distance to the equestrian center. Home sites range from 5 to 20 acres, providing ample space for your dream residence. Choose from three renowned builders, each offering distinctive styles and price points to cater to your preferences. Also available are architects and interior designers to ensure your home becomes a unique expression of your lifestyle needs. Construction is required to begin within 12 months of lot reservation. Minimum home size is 3, 500 sq. ft. plus barn. On-site boarding and training businesses allowed. Community features include three gated entrances; underground electric and high-speed internet; clubhouse with pool, gym, tennis, playground and event space; and bridle paths. Other facilities within TerraNova include TerraNova Feed & Fence, The Stables at TerraNova and Miakka Golf Course and Club (coming soon). TerraNova is conveniently located in close proximity to the cultural richness of Sarasota and Manatee counties with opera, theater, ballet and fine dining options. Build your ideal custom estate of winter farm. Train at a world-class facility. Compete at all levels. The ultimate equestrian experience awaits you at TerraNova.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$422,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $337,600 | $337,600 | $337,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,246 | $2,218 | $2,847 |
Total Monthly Payment | $2,321 | $2,293 | $2,922 |
* 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.