$50, 000 builder plans already approved, making your permit process easy! With beautiful, architectural renderings available, track-facing Unit 1106 is ready to be your dream garage at The Motor Enclave. Boasting 1435 heated square feet and a 16' high, double bay door, this unit also features additional upgrades for your convenience. You'll appreciate the upgraded 200 amp electrical panel as well as the garage connect remote entry system. Builder plans highlight the ability for up nine cars, as well as a mezzanine level with balcony access, where folding, accordion glass doors, lead you to your view of all the action on the track. The Motor Enclave features a 1. 72 mile Hermann Tilke designed Performance Track, a 100 acre off-road course, a 37, 000 square foot corporate events center and the largest Private Garage Community in the world. Gated entrances lead you to the more than 300 privately owned garages on 200 acres. Bringing guests who don't drive? They can enjoy the beautiful outdoor pool while you go for a spin on the track! This secure community, dedicated to unparalleled automotive experiences for members and guests, showcases an ease of use with an excellent convenience factor to Tampa Executive and Tampa International Airports, as well as downtown Tampa. Located just over an hour from Orlando, The Motor Enclave appeals to the most passionate of automotive enthusiasts, offering exclusive events and unforgettable racing experiences. The permit for the approved plans is good through March 2025, so schedule your showing of this incredible offering today!
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Our Executive Mortgage Banker:
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$1,150,000
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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $639 | $639 | $639 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,665 | $8,141 |
Total Monthly Payment | $6,731 | $6,429 | $8,905 |
* 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.