Wow! Owner offering first month rent free! All new luxury vinyl flooring upstairs, fresh coat of paint on walls, doors and baseboards. This townhouse built in 2023 is freshly redone and ready for your move-in! Nestled in Lakewood Ranch masterplan, Lorraine Lakes is a gated community with collections of townhomes, villas and single family homes. Rent includes unlimited use of the gorgeous town center and club house. The club house has 3 swimming pools, a lap pool, a resort pool and a third pool with slides and bubbles for the little ones. After you work out in the state of the art gym, you can swim laps, soak in the outdoor hot tub and take a sauna in the immaculate changing and shower room. Wait, that's not all!
The club house has a 5 star chef with either full dining or bar/poolside eating. Sunday brunch offers a $10 breakfast. Perhaps you would like to enjoy the picket ball, tennis courts or the indoor basketball court. This clubhouse is second to none and the rent includes use of all amenities, except individual restaurant charges. This 1874 square foot townhome under air features 3 bedrooms, 2 full bathrooms, a half-bathroom, gourmet kitchen with natural gas, granite counters, stainless steel appliances, covered lanai and attached 1 car garage located on one of the Lorraine Lakes' many ponds. The townhome is block construction, has hurricane protection for all windows, and a complete Ring security system, including ring alarm, base station, motion detector, smoke alarm and video doorbell. This townhouse was built in 2023. The townhome is UNFURNISHED. All photos are virtually staged and not included in the rental. Lakewood Ranch features parks, local medical facilities, farmer markets, hiking and bike trails, Polo fields and excellent restaurants. Lorraine Lakes offers easy access to world class beaches, high-end shopping and the cultural venues of downtown Sarasota.
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Our Executive Mortgage Banker:
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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 | $2,200 | $2,200 | $2,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $15 | $14 | $19 |
Total Monthly Payment | $90 | $89 | $94 |
* 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.