TAKE NOTE: This home is fully wheelchair accessible including a hydraulic lift from the garage to main house. Built by Weston Signature Homes, this 2018 villa feels like a model home, where the furniture is optional with the purchase and entirely picked out specifically for this home by an interior designer. This magnificent property sits within the private and gated community of Villas of Rinascita, an exclusive enclave of Mediterranean homes. This home sits on a lake with an exquisite water view that is adjacent to Palma Sola Bay. Featuring three bedrooms, two baths and just under 2, 500 square feet, this home is inviting and boasts upgrades galore, including new, top-of-the-line solar panels. Light, bright with an open floor plan, you can also appreciate the tray ceilings, crown molding, custom blinds, energy efficient construction with impact resistant UV filtering windows, in-wall pest control, propane gas, custom closets (a storage room completely converted to a walk-in pantry), waterfall countertops on the kitchen island, and ROI water filtration system in the kitchen. Hosting events is enjoyable with the open concept great room that flows into the kitchen, and throughout the kitchen you will find stainless steel appliance and 42-inch Medallion wood cabinets. The spacious primary bedroom features a door to the lanai and large ensuite bathroom with dual vanities, separate shower and soaking tub, water closet, and large designer closet with built-ins and shelving. The two guest bedrooms are spacious and also have walk-in closets. Maintenance of the grounds and irrigation are included within the HOA fee. Come live the Florida dream where you are minutes from our beautiful, crystal sand beaches; near the Cortez fishing village; loads of restaurants and shopping at your disposal; and close proximity to IMG academy. Room Feature: Linen Closet In Bath (Primary Bedroom).
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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 | $608,000 | $608,000 | $608,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $703 | $703 | $703 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,199 | $4,041 | $5,127 |
Total Monthly Payment | $4,994 | $4,836 | $5,922 |
* 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.