8514 Shore Lake DRIVE, Englewood, FL, 34224 | $674,996

Under Construction. Palm Lake at Coco Bay is a gated master-planned community with collections of new single-family homes for sale, coming soon to Englewood, FL. Surrounded by beautiful streetscapes, this masterplan features an onsite swimming pool, clubhouse, fitness center, playground and pickleball court. This luxe single-story home features a formal dining room off the foyer, followed by an open Great Room with elegant tray ceilings and glass sliders to the oversized covered lanai. In addition to the sprawling owner’s suite, there are two secondary bedrooms and a versatile den. For extra charm, there are tall, arched entryways that decorate the home. Prices and features may vary and are subject to change. Photos are for illustrative purposes only. Estimated delivery date is Oct/Nov 2024.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Pickleball Court(s), Playground, Pool, Recreation Facilities
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Traditional
  • Year Built: 2024
  • Garage: 2-car Deeded, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,799
  • Acreage: 0.25
  • Est. Taxes: $0
  • HOA Fee: $865 Quarterly
  • Lot Desc: Landscaped, Sidewalk
  • View: Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: T3546994
  • Days on Market: 28 days
  • Website: https://www.raveis.com
    /prop/T3546994/8514shorelakedrive_englewood_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 4:17:08 PM)
Listing courtesy of LENNAR REALTY INC   Phone: 239-229-0792

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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8514 Shore Lake DRIVE, Englewood, FL, 34224

$674,996

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $539,997 $539,997 $539,997
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 $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,593 $3,547 $4,554
Total Monthly Payment $3,685 $3,639 $4,646

* 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.