ENJOY the FLORIDA DREAM by owning this WELL BUILT and APPOINTED 2-Bedroom, 2-Bathroom plus Den (currently used as a 3rd Bedroom) home in the coveted RIVERWOOD community. Featuring a desirable upgraded Open Great Room plan, this residence offers serene views of a tranquil pond, creating the perfect backdrop for sunlit moments and relaxation. Stepping outside onto the expansive decorative engraved lanai, one will discover an inviting heated pool surrounded by ample sitting areas, ideal for soaking up the natural beauty and breathtaking sunrises. The well-designed interior of the home features architectural charm, highlighted by a grand glass front door, elegant archways in the front hallway, and soaring 10x13 ft. volume ceilings adorned with crown molding. Inside, you'll find a blend of tile and carpet flooring and tasteful interior decorative upgrades. The Kitchen is a Chef's Delight, with an expansive island, granite counters, and quality stainless steel appliances. The primary bedroom retreat features a tray ceiling, a spacious walk-in closet, and a luxurious renovated bath. Designer window treatments and lighting add a touch of sophistication throughout the home. Additional features include upgraded storm shutters on all windows and a mature landscape that enhances the property's curb appeal and privacy. Plus, enjoy the BONUS of a 2023 NEW TILE ROOF. Riverwood is a gated, golf, resort-style community that epitomizes the Florida lifestyle. Residents can take advantage of amenities such as tree-lined walking and biking paths, tennis and pickleball courts, a lap and resort entry pool, a hot tub, fitness center, and a variety of classes and social activities at the Activity Center. Recognized as an Audubon Green Community, Riverwood provides a natural habitat for Florida wildlife. For pet owners, the community offers the R. O. M. P. Dog Park, while golf enthusiasts can tee off at the Riverwood Golf Club's Par 72 Championship course or enjoy access to the Beach Club on Manasota Key. Memberships based on availability. Conveniently located between Sarasota and Fort Myers on Florida's West Coast, Riverwood offers easy access to boating, cultural events, dining, shopping, and the beautiful beaches of Southwest Florida. Contact your agent today to discover this exceptional property and start living the Riverwood Florida Lifestyle!
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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 | $495,200 | $495,200 | $495,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $747 | $747 | $747 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,295 | $3,291 | $4,246 |
Total Monthly Payment | $4,134 | $4,130 | $5,085 |
* 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.