UPSTAIRS WITH ELEVATOR INSIDE WATERFRONT CONDO LOCATED IN #1 MASTERPLANNED COMMUNITY IN THE UNITED STATES! ENJOY RESORT-STYLE LIVING ON 168 ACRE LAKE UIHLEIN IN THE “HEART OF LAKEWOOD RANCH”. The unit lives like a home. Nothing in Lakewood Ranch compares to The Moorings at Edgewater and this perfect location in the heart of Lakewood Ranch. This 3 Bedroom 3 Bath (plus den/office) large and spacious upstairs unit boasts of a spectacular view of Lake Uihlein and a spacious kitchen complete with granite countertops, solid wood kitchen cabinets, upgraded appliances, including desk area, plantation shutters, blinds, crown molding, and custom walk-in closets in the primary bedroom, quality light fixtures. This lakefront condo is a rare find and much sought after unit in the gated community of The Moorings at Edgewater, located in the heart of Lakewood. Well maintained condo features tile floors in downstairs foyer, sitting room and the main living areas, baths and carpeting in all bedrooms. Close distance to Lakewood Ranch Main Street dining venues, shopping, movies, events, music every first Friday of the month. Lakewood Medical Center is across the street. The Moorings at Edgewater, a highly sought after private and gated community where only residents have access to a private pier, gazebo and private island plus fabulous amenities which include Resort-style heated pool, Indoor and Outdoor kitchen with Grill, Fitness center, Tiki hut, Pool table, Bocce ball all for their convenience. This condo is a second-floor unit with 3 spacious Bedrooms 3 bathrooms, plus a den, 2 car garage, screened in lanai with spectacular views of the lake and sunsets. The Moorings has a Boat Club with membership of $25. 00 year. UTC Mall (Newest Mall in America) and entrance to I-75 nearby. Centrally located near Sarasota/Bradenton. Don't miss this special Home. Furnishing available under separate contract. All Disclosures are attached. Please verify all measurements. Please submit offers on FR/FB with Proof of Funds with Pre-approval letter. Roof assessment has been completely paid. New roofs on all buildings in The Moorings. Easy to show. Furnishing available under separate contract
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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** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $516 | $516 | $516 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,533 | $4,592 | $6,167 |
Total Monthly Payment | $5,141 | $5,200 | $6,775 |
* 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.