Prepare to be wowed! Welcome to your dream home in Somerset at The Plantation. This stunning home sits on a serene preserve lot with lush landscaped views from an oversized, private lanai. Step out the front door to take in a long lake and golf course view directly across the street, as an added bonus! This meticulously maintained Davenport model is being sold turnkey and offers an open, split bedroom floor plan, large den, spacious kitchen/living area, private Primary bedroom and three car garage. You will live on your lanai, as it is the ideal spot to entertain family and guests, who will be amazed by the extended height of the lanai cage and panoramic window screen, outdoor kitchen, firepit, Tiki bar with grill and remote controlled window awnings. Plenty of space to add a pool and/or spa as an option as well. Whole home hurricane protection with roll down shutters at front entrance and lanai and accordion shutters included on each window in the home. The entire home is equipped with a Tesla Solar system with 2 power walls for emergency backup and includes a 10 year warranty (with 8 years remaining). Full home ADT security system, along with interactive camera system throughout will remain with the home. Remote blackout shades in all bedrooms allow an abundance of privacy and darkness for a good night's sleep, or the added convenience of some shade when needed. Two car plus one golf cart garage features finished flooring and cabinetry and a 2023 six passenger Evolution golf cart, which is included with the home. New appliances and utilities make this home a fuss free, move in ready opportunity. Well appointed furnishings throughout the home will stay, and an inventory and upgrade list is readily available. Social memberships are available, which allows access to the community's restaurants and social events held through the year. For golfers, there is an option to purchase a private membership (currently on a short wait list). An on-site activities director plans many events throughout the year, so there is always something exciting going on. Membership is not mandatory, but highly desirable! The Plantation is conveniently located within 10 minutes of SWFL International Airport, Florida Gulf Coast University, central to all SWFL beaches, shopping and dining. You will never want to leave home, once you experience the Plantation lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $879,200 | $879,200 | $879,200 |
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 | $146 | $146 | $146 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,630 | $5,630 | $7,719 |
Total Monthly Payment | $5,901 | $5,901 | $7,990 |
* 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.