**NEWER CONSTRUCTION PROPERTY DID NOT FLOOD** SELLER OFFERING $10K TOWARDS RATE BUYDOWN! Located within the gated Bimini Bay community, the tastefully updated and lovingly maintained three bedroom, two bathroom waterfront pool home with a two car garage is simply a must see! Curb appeal abounds with tropical landscaping, a paver driveway, and covered front entry welcoming you. As you step inside you’ll be greeted by an abundance of natural light and charmed by the open and airy feeling the 12’ ceilings provide. Open concept living shines in the great room with the kitchen overlooking both the living and informal dining areas. The kitchen leaps from the pages of the latest design magazine with many fine appointments including 42” shaker style cabinetry, stainless steel appliances (with a gas range), pantry, and an island with counter height seating. The living area is highlighted by custom built-in cabinetry and a three-panel pocket sliding glass door perfectly frames the water views out back. Next is a wonderful bonus space which could be used as a formal dining room, office, play area, or anything else you can imagine! The primary bedroom is truly a retreat with custom molding, a private sliding glass door leading to the pool area, and a private en suite complete with a dual sink vanity, walk-in shower w/frameless glass enclosure, and a walk-in closet with custom storage. The split bedroom floorplan places the two additional bedrooms in their own wing along with a hall bathroom that has a shower/tub combo. Step outside onto the pool deck and you’ll find your private piece of paradise! The sparkling pool has just been resurfaced and calls for you to make a splash and the covered section is the perfect place to enjoy that morning cup of coffee or evening glass of wine. The dock and boatlift are just steps away with easy access to the bay! The Bimini Bay community features a community pool and clubhouse for your enjoyment. **NO CDD & LOW HOA** Wonderful location with many shopping and dining options located minutes away. Put it all together and you’ll see why this wonderful home should be at the top of your list!
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Our Executive Mortgage Banker:
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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 | $719,920 | $719,920 | $719,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $516 | $516 | $516 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,610 | $4,610 | $6,321 |
Total Monthly Payment | $5,218 | $5,218 | $6,929 |
* 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.