Under Construction. This Cedar Key II is currently under construction and is scheduled to be complete Aug / Sep 2024! The Cedar Key II presents a bright and breezy layout that seamlessly transitions from the foyer to the expansive open living spaces! With its impressive 12-foot ceilings in key areas like the foyer, formal dining room, grand room, and gourmet kitchen, it offers a strikingly open atmosphere. This bright and breezy floorplan features our Sonoma Linen cabinets, Frost Whte MSI Quartz, Vestige Daybreak Birch wood look tile flooring, and more. The lavish downstairs owner's retreat boasts a double door entry, spacious walk-in closets, and a luxurious owner's bath. This home also features ample secondary bedrooms, a generously sized laundry room, and expansive outdoor living space with a covered lanai and an upstairs bonus room, bedroom and bath. For added flexibility, an optional downstairs bonus room or extra bedroom is available for the Cedar Key II. Creek Ridge Preserve is a gated enclave of just 124 premium, 90' wide homesites located off of Lithia Pinecrest Road, right next to the established neighborhood of Fish Hawk. Enjoy all that Lithia has to offer, including top-rated schools, premium shopping and recreational options, and so much more. Stay close to everyday conveniences like Sprouts Farmer’s Market, Fresh Market, and Publix just 10 minutes away. This luxurious gated community features beautiful tile roofs, paver driveways, oversized homesites, and no CDD fees. Images shown are for illustrative purposes only and may differ from actual home. Completion date subject to change.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,990
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 | $799,992 | $799,992 | $799,992 |
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 | $58 | $58 | $58 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,122 | $5,122 | $7,024 |
Total Monthly Payment | $5,272 | $5,272 | $7,174 |
* 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.