Enjoy life in the heart of vibrant Lakewood Ranch! Ideal LOCATION! HOME SUSTAINED NO STORM DAMAGE. This pristine home is perfectly situated in Edgewater Village - a Gated, Maintenance-Free & beautifully-landscaped community built around majestic 160-acre Lake Uihlein. Just a short walk to shops & restaurants on Lakewood Ranch Main Street. Amazing benefit for the new homeowner – a NEW TILE ROOF was just installed in June 2024! Entering the home through double doors, delight in the OPEN FLOOR PLAN w/ HIGH CEILINGS. The interior presents an ideal fusion of classic style & casual leisure space. You can design this flexible space to meet your lifestyle needs. The centrally-located Kitchen features granite countertops, stainless steel appliances & a pantry closet. Serve casual meals at the bright Kitchen Dining Area or Breakfast Bar. A separate Dining Room offers a more formal dinner or entertainment option. The sizeable Master Bedroom Suite offers a wall of windows for natural sunlight as well as ample storage w/ a walk-in closet. The En-Suite Master Bathroom features a walk-in shower, dual sinks, linen closet & separate water closet. Comfortably accommodate guests or family with 2 additional bedroom spaces - a private 2nd Bedroom as well as a 3rd flexible Den/Office/Bedroom w/ convenient desk & shelves. Enjoy a flexible indoor-outdoor lifestyle in the bright & private Florida Room equipped w/ Thermal, Sound-Resistant Sliding Windows/Doors & Brick Floors - windows slide to transition to screens & fresh air. The sun-filled FLORIDA ROOM adds 240 additional square feet of potential living space to this home! The space offers a versatile “Retreat” that is perfect for casual dining, relaxing or entertaining. Upgrades such as LVP Floors, Crown Molding & Plantation Shutters are featured throughout the home. Storm Shutters are available for all doors & windows. The full Laundry Room is equipped w/ side-by-side washer & dryer as well as a large storage closet. The 2-car garage provides valuable additional storage, attic space & convenient laundry sink. The highly sought-after Edgewater Cove community offers residents a heated Pool/Spa & Clubhouse, gate & grounds maintenance/irrigation - all for Low HOA fees of $229/mo. During evening walks, relax at the peaceful lakefront Gazebo & Pier, perfect for fishing or watching dramatic Sunsets on the Water. Stroll around scenic Lake Uihlein – offering residents a private boat ramp & storage for kayaks, canoes & small boats. Across the lake, visit delightful Lakewood Ranch Main Street attractions – outdoor dining, shops, entertainment, movie theater & miniature golf. Activities abound! Fill your social calendars with First Friday celebrations, music & festivals. Watch Sunday polo matches at the Sarasota Polo Club, bike/run/walk on 150 miles of LWR trails, visit weekly Farmers’ Markets at Waterside, or engage in recreational activities at adjacent Lakewood Ranch Country Club (memberships available for golf, tennis, pickle ball, fitness, swimming). Just minutes to Lakewood Ranch Medical Center, shopping at UTC Town Center & travel from Sarasota Airport. Only 8 miles to Main Street Sarasota & a short drive to world class beaches at Siesta Key & Anna Maria Island. Easy access to Tampa/St. Petersburg and Venice/Naples via nearby I-75. Lakewood Ranch is the #1 selling master planned community in the U. S. , with "A" rated schools. Extraordinary Location - Ideal Community – This is YOUR Perfect Home in Paradise!
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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 | $412,000 | $412,000 | $412,000 |
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 | $397 | $397 | $397 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,741 | $2,738 | $3,533 |
Total Monthly Payment | $3,230 | $3,227 | $4,022 |
* 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.