Welcome to Milano, one of Southwest Florida's most popular gated communities with NO CDD, LOW HOAs, No capital contribution, No flood insurance required and has natural gas! This is your opportunity to own this meticulously maintained 2018 Neal built “Applause” model that offers 3 spacious bedrooms, 3 FULL bathrooms and a bonus den/office/flex room. Upon entering this property you’ll immediately be impressed by the 9’ tray ceilings and crown molding and gorgeous plank tile throughout the main living areas. This home’s kitchen is an entertainer’s dream from the designer backsplash and high-end GE appliance package to the enormous quartz top kitchen island, upgraded cabinetry with pull out shelving and a custom pantry closet. The open concept great room with tons of natural light leads out to a gorgeous, large private lanai and pool/spa. While taking advantage of the outdoor living, you will enjoy a 2 year NEW heated saltwater pool and a stand alone saltwater spa. The motorized SunSetter awning allows you to enjoy the space all day long. Thinking of everything, the current owners fenced in a play space that your pets are sure to love! The primary bedroom is an oasis! Privately located within the home, away from the guest rooms and den, this space is over 220 square feet! Enjoy 2 large custom built walk-in closets, dual sink vanity, walk-in shower, and separate water closet. The first spacious guest bedroom has a full ensuite bathroom and is separate from the other large bedroom and flex room that share an adjacent third full bathroom. In addition to all the living space, this floor plan includes a large laundry room with built-in cabinetry and utility sink and an oversized 2 car garage with tons of storage. The lot is beautifully landscape with plants and shrubs that provide lovely pops of color. The list of upgrades is extensive and is included in the listing attachments. This home has exceptionally weathered recent storms. To further put your mind at ease, the sellers are offering a full year home warranty package with the sale of this home. Milano is an active, thriving community that is conveniently located with easy access to I-75, historic Downtown Venice, Florida Gulf Coast beaches, fishing, trails, shopping, restaurants, and cultural events and activities. Milano’s community amenities include a resort style pool and clubhouse, an outdoor gathering pavilion, pickleball and bocce courts, miles of trails, and a dog park.
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $543,200 | $543,200 | $543,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,752 | $3,610 | $4,581 |
Total Monthly Payment | $4,251 | $4,109 | $5,080 |
* 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.