5002 Fairhope CIRCLE, Lakewood Ranch, FL, 34211 | $699,990

Under Construction. **New-Construction* This open floorplan 3 Bedroom, 3 Bath home features a Den, Lanai and a 2-car Garage. This beautifully appointed home boasts a private, landscaped preserve view in the back, an open floorplan with a large kitchen island, tile throughout the main living area, laminate wood in the primary suite, window treatments and is prepped for a future summer kitchen and pool. The Island kitchen is complete with quartz countertops, 42" cabinets, soft close drawers and cabinets, a 30" stainless steel gas cooktop, GE appliances, and a causal Dining area. The Great Room is the heart of the home, offering space for entertainment with sliding glass doors that lead to the Lanai. The Den serves as an ideal at-home office or flex space. The Owner's Suite, located in the rear of the home, features a tray ceiling, dual vanity, a large walk-in closet, and access to the Lanai for added convenience. Cresswind Lakewood Ranch Residents enjoy access to a resident-exclusive clubhouse that feature outdoor amenities including pickleball & tennis courts; a dog park with large & small breed sections; wide, lit walkways; resort-style pool and spa; resistance pool; event plaza with food court truck; bocce courts and outdoor social areas. The Cresswind SmartFIT Training Center is powered by EGYM and uses state-of-the-art fitness technology to help you reach your fitness goals with twenty minute workouts, twice a week. The full-time Lifestyle Director keeps the social and event calendar full of activities designed for the 55 Plus lifestyle.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,210
  • Acreage: 0.17
  • Est. Taxes: $0
  • HOA Fee: $416 Monthly
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: O6180816
  • Days on Market: 268 days
  • Website: https://www.raveis.com
    /prop/O6180816/5002fairhopecircle_lakewoodranch_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/20/2024 5:41:55 AM)
Listing courtesy of KSH Realty LLC   Phone: 561-789-2697

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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
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Our Insurance Division:

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5002 Fairhope CIRCLE, Lakewood Ranch, FL, 34211

$699,990

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $559,992 $559,992 $559,992
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.425% 7.146% 6.276%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,679 $3,722 $4,723
Total Monthly Payment $3,771 $3,814 $4,815

* 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.