**Stunning New Construction Home with Massive Price Reduction!** Welcome to your BRAND NEW 2024 high-end, custom-built home in Gulf Cove. If you are looking for excellent craftsmanship, quality and an energy-efficient NON FLOOD ZONE home including three spacious bedrooms and two baths this is the HOME for you. The Kitchen is designed with custom, hand-crafted cabinetry, high-quality Stainless Steel appliances, large granite counter spaces, and an oversized island/breakfast bar with additional storage opening to the dining and living room area. The kitchen has recessed lighting, pendants over the island, a large built-in closet pantry, and indoor laundry area with shelving. WOOD GRAIN porcelain tile, raised panel doors and Sherwin-Williams luxury paint accented by beautiful molding flow throughout the entire home. The bathrooms offer expert designer porcelain tile installation, linen closets, and custom-crafted vanities with matching medicine cabinets. The bedrooms, living room and screened Lanai have hand-picked, top quality ceiling fans with lighting and remote controls to provide comfort and convenience. Inside you’ll also discover beautiful ocean blue pendant lighting among all of the high-end lighting fixtures, creating a warm and inviting ambiance with a touch of elegance in every room. Outdoor entertaining is made easy with the roomy, screened Lanai and bonus 12 x 11 concrete outdoor patio pad. Energy efficiency, safety and protection from severe weather are IMPORTANT! This home features all impact doors and tilt-out impact storm windows, ensuring security and durability against the elements. Spray foam insulation in the attic and R-11 batt insulation in the garage and lanai will keep your home cool in the summer and warm in the winter while helping you SAVE MONEY on utility bills. This home is designed with class and functionality! Located adjacent to the preserved lands of Myakka State Forest and the majestic Myakka River, this charming, private neighborhood offers a private boat launch, park and playground area with easy boat access or a short drive to many beautiful Gulf Coast beaches in Englewood and Boca Grande. You’ll also have the best in nearby golf courses, shopping and dining. DON’T miss the opportunity to make this beautiful, custom-built home yours. ENJOY the best of Florida living in this serene and convenient location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,000
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 | $263,200 | $263,200 | $263,200 |
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 | $34 | $34 | $34 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,751 | $1,729 | $2,220 |
Total Monthly Payment | $1,860 | $1,838 | $2,329 |
* 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.