Welcome To 16837 Ivy Lake Dr, A Rare LAKEFRONT GEM Located In The Highly Sought-After Community Of Ivy Lake Estates In Odessa, FL. This Stunning Home Boasts Over 3, 037 Sq. Ft. Of Living Space & Includes a 3-Car Garage, Offering an Open Floor Plan With Generous & Inviting areas Throughout. Featuring 4 Bedrooms & 3 Full Bathrooms, The Layout Is Perfect For Various Living Styles. Beautiful Curb Appeal Featuring Mature Landscaping & Complimentary Brick Pavers . As You Enter Through The Grand Double-Door Entry, You Are Greeted By a Spacious Foyer With Adjacent Dining & Living Rooms. The Flooring Throughout is a Hard Wood and Tile Combination Complimenting Each Room. A Dedicated Home Office Is Conveniently Located at The Front Of The House. The Primary Bedroom Is a Serene Retreat With Breathtaking Lake & Patio Views. The Oversized Primary Bathroom Offers Double Vanities, a Large Garden Tub, & a Walk-In Shower. The Suite Is Further Enhanced By Two Custom Walk-In Closets For All Your Storage Needs. Two Guest Bedrooms & a Full Guest Bathroom are Located On The East Side of The Home, with a Fourth Oversized Guest Bedroom to the Rear, Along With an Updated Guest Bathroom, Completing The Accommodations. The Kitchen & Family Room Combo Invites Entertainment & Offers More Beautiful Views of The Lake & Pool Area. The Kitchen Features Modern Appliances, Granite Countertops & Backsplash with Lots of Cabinet and Pantry Storage, Plus a Neat Breakfast Nook. Step Outside To Your Private Year-Round Oasis, Featuring a Heated Pool & Spa, a Generous-Sized Lanai With Brick Pavers, Sitting/Dining Area & a Custom Tiki Bar With A Brand New Grill & Bar. This Space Is Perfect For Relaxing & Enjoying The Florida Lifestyle. The Home Has Been Meticulously Maintained with Key Notable Updates Such as a New AC (2019), New Roof (2022), New Water Heater (2016), & a Freshly Painted Interior (2023) & Exterior (2019) plus many more amounting to over $150k in Upgrades. AS A BONUS, The Property Includes a 2007 Sunray 16" Pontoon Boat, Making It a Dream For Water Enthusiasts - Start Your New Ownership off with a Boat Ride. Ivy Lake Estates Is A Gated Community Featuring A Large Park With A Playground, Soccer Pitch, Volleyball & Basketball Courts, Along With A Smaller Park For Added Enjoyment. This Is An Opportunity Not To Be Missed—Experience Living In This Great Community, Close To Tampa Bay's Finest Amenities, Including Beaches, Shops, Schools, An Outlet Mall With Top Restaurants, The Airport, Sports Arenas, & Numerous Golf Courses. Don't Miss Your Chance To Own This Exceptional Lakefront Property In Ivy Lake Estates!
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$885,000
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 | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $430 | $430 | $430 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,592 | $4,359 | $6,265 |
Total Monthly Payment | $5,114 | $4,881 | $6,787 |
* 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.