A luxurious lifestyle awaits you in the 55+ resort-style community of Medley at Southshore Bay! This lovely home has an in-law suite next to the entrance, the Primary Owners Suite is to the rear of the home and includes custom closets, and an additional guest bedroom. There is also two additional bonus rooms, an office on the first floor, a he/she cave on the second floor, plus 3 1/2 bathrooms. The Seller has taken immaculate care of the home and is move-in ready! Your new elegant home sits on a premium lot and was built in 2021. This home boatss countless upgrades such as crown molding, chair rails, light fixtures, induction stovetop and hood, subway tiles and backsplash, Kitchen cabinet hardware, large baseboards throughout the main living area, and MORE. You will also fall in love with the custom barn doors, quartz countertops, accent walls, spacious lanai, and stunning backyard patio pavers. Medley at Southshore Bay is a 55+ Community and offers maintenance-free grounds, fully gated, swimming lagoon membership, and a clubhouse. The Medley clubhouse features a restaurant, bar, state-of-the-art fitness center, and resort pool. Come and experience the wonderful, active lifestyle and live the Florida dream so many desire!
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$590,000
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 | $472,000 | $472,000 | $472,000 |
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 | $676 | $676 | $676 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,140 | $3,101 | $3,980 |
Total Monthly Payment | $3,908 | $3,869 | $4,748 |
* 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.