This property is high and dry! Elevation in this Florida neighborhood is approx. 30 ft above sea level even though we are on the Manatee River! You CANNOT build this quality NOW at this price! Here is a QUALITY BUILT, Neal SIGNATURE home offered at this neighborhood's lowest per square foot price! Dare to compare this opportunity to purchase at such an advantageous price! Take advantage of obtaining and living in River Wind, . . . an intimate neighborhood of only 62 quality- built residences in desirable Manatee County located minutes away from all shopping and recreational amenities. This, much sought after Carmel model home, features 3 bedrooms and a home office as well. Open concept floorplan includes large Great Room, beautiful kitchen with large counter island dining as well as a full dining area and a large Bonus Room too. 3 full bathrooms, a 3-car garage and enclosed outdoor Lania area which offers a side lake/pond view complete this wonderful one- story home! Large corner, landscaped property offers plenty of yard space. River Wind is located on Upper Manatee River Road just off The Rye Road / Rye Wilderness Preserve Park and a short car ride to Lakewood Ranch's facilities and the UTC complex. The community itself sits on the Manatee River yet high, not listed in a flood zone area. You can stroll down to the neighborhood pavilion/tiki hut for a picnic, take a kayak for an adventure or just walk the nature trails in the community. This 24 hour gated community offers its residents location, quality and piece of mind. Close enough to all major roads and transportation yet a set back community that does not interrupt your day with road noise. This community has no CDD fees, is complete but newer, no construction and shows like a brand new home. Come see for yourself this hidden jewel and know you purchased in a truly marvelous neighborhood!
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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 | $539,920 | $539,920 | $539,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $646 | $646 | $646 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,588 | $4,629 |
Total Monthly Payment | $4,330 | $4,326 | $5,367 |
* 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.