BUNDLED GOLF & SOCIAL MEMBERSHIP, TERRACE CONDO IN BABCOCK NATIONAL Highly Sought After Corner Carolina Model, End Unit Condo - located Right on the Golf Course. Discover the perfect blend of modern living, sustainable innovation & income potential in this stunning top floor three bedroom, 2 bathroom end unit nestled in the heart of Babcock Ranch the nations pioneering solar-powered community. Why go through the hassle of building when this gorgeous home is move-in ready & packed with luxury features. Ideal for those seeking a full-time residence, a seasonal getaway, or a high-yield rental property, this home is more than just a place to live its a lucrative opportunity! This Floor plan is the largest of the Terrace's offering 1301 Sq. Ft. Natural light pours in, creating a bright & airy space perfect for cozy movie nights or festive dinner parties. Step through the sliding doors to your west facing 3rd Floor corner screened lanai and take in the breathtaking views of the tranquil Babcock Lake and golf course. This is your personal oasis, offering the ultimate in privacy & scenic beauty. Imagine starting your mornings with a cup of coffee on the private corner lanai, overlooking Lake Babcock and the golf course. No unit above you and none on the side. In the evenings, enjoy what are said to be million-dollar sunset views which are truly breathtaking. This screened rear lanai is destined to become one of your favorite places to relax and enjoy your new resort lifestyle. You will LOVE the location and views from this building. This home checks all the boxes! Step inside and you’ll be greeted by a chef's kitchen outfitted with beautiful countertops, Stainless appliances and an abundance of cabinet space to keep everything neatly tucked away. The spacious central island serves as the focal point for both meal prep and entertaining, seamlessly connecting the kitchen to the open concept living and dining areas. As a new homeowner at Babcock National Golf and Country Club, you’ll have access to a world of top-tier amenities that promise to elevate your lifestyle. Tee off on the championship 18-hole golf course, take a dip in the resort-style pool, or find your Zen at the on-site spa. Stay fit and active at the 24-hour, state-of-the-art fitness center or challenge friends on the tennis and pickle ball courts. And when its time to dine out, the elegant clubhouse offers delicious options just steps from your door. With its prime location in a forward-thinking community, this home is not only a dream residence but also a smart investment. Babcock Ranch's eco-conscious design and sought-after amenities make it a hot rental market for vacationers and snowbirds alike. Unlock the potential for steady rental income while enjoying the luxuries of this eco-friendly paradise. Don’t just live, thrive in Babcock Ranch. Seize this rare chance to own a slice of sustainable luxury and secure a lifestyle where relaxation, recreation, and profit come together effortlessly.
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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 | $263,200 | $263,200 | $263,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $225 | $225 | $225 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,751 | $1,749 | $2,257 |
Total Monthly Payment | $2,051 | $2,049 | $2,557 |
* 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.