Located on the south end of building V in Meridian at The Oaks Preserve, this 3 bedroom, 3 bath residence is an incredible find. Enter through the secure lobby, go up the private elevator and step through the double doors and you will see how special this unit is. The first thing you will notice is the rich expanse of the hand rubbed walnut flooring. Meticulously maintained and offered turnkey furnished (with a few exceptions), this end unit is flooded with natural light. Just pack your suitcases and make this your full time Florida home or your winter retreat. The spacious master suite features big walk-in closets and a master bath with stone countertops, large tub and separate shower with built-in seat. The additional bedrooms are also large. The kitchen is big enough to accommodate a dinette set and has lovely porcelain tile flooring, a pantry, pocket door and top of the line stainless steel appliances including a Viking double oven and induction cook top, and a subzero refrigerator. There is a custom-built wet bar with wine rack and cabinet, and a utility room with stackable washer-dryer and utility sink. From the screened balcony, the views out to the Gulf are fabulous. This is the place to end a busy day on the golf course, tennis courts or beach with a cool drink as you take in a gorgeous sunset. With full impact windows and doors, electric Kevlar hurricane shutters, plantation shutters on the windows throughout the unit, ceiling fans, you couldn’t ask for more. Yet, there is more, as Meridian residents have access to their own pool, spa and workout room, as well as all of the offerings of The Oaks Clubside: two championship golf courses, tennis, pickleball and croquet courts, a state-of-the-art fitness center, three on site restaurants, and a wide variety of social and recreational offerings. Club membership is required with homeownership.
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Our Executive Mortgage Banker:
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$1,300,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.510% | 6.579% |
Monthly Tax Payment | $660 | $660 | $660 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,488 | $6,488 | $8,988 |
Total Monthly Payment | $7,273 | $7,273 | $9,773 |
* 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.