Exceptional Investment Opportunity In Prime Reunion Resort Location, Presenting One Of The Last Legally Combined Double Lots On Grand Traverse, Offering An Expansive Pie-Shaped Lot With Over 135 Feet Of Frontage And Serene, Tree-Lined Conservation Views. Situated In One Of Reunion’s Premier Neighborhoods, This Property Provides An Unparalleled Opportunity To Construct A Custom, Spacious Home—Ideal For Personal Use Or As A High-Yield Luxury Rental Investment. Favorable Economic And Market Conditions With Florida’s Robust Housing Market And Strong Regional Economic Growth, Properties In High-Demand Areas Like This Continue To See Rising Values. Amid Steady Stock Market Performance, Investors Are Increasingly Turning To Premium Real Estate For Stable Returns. This Property Is Strategically Positioned To Capture Both Lifestyle Appeal And Financial Benefits, Making It An Excellent Addition To A Diversified Real Estate Portfolio. Resort-Style Amenities Just Minutes From Disney, The Property Includes An Active Resort Membership, Providing Rental Guests With Access To An Array Of Exceptional Amenities: 13 Community Pools, Three Signature Golf Courses (Palmer, Watson, And Nicklaus), A Multimillion-Dollar Water Park, Multiple On-Site Dining Options, Two Golf Pro Shops, Six Hydro-Grid Clay Tennis Courts, And A Miniature Golf Course. This Exclusive Membership Elevates The Guest Experience, Creating The Perfect Environment For A Memorable Stay And Maximizing Rental Potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,166 | $7,166 | $9,827 |
Total Monthly Payment | $7,291 | $7,291 | $9,952 |
* 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.