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Ask about a rate buydown credit from the seller! Welcome to this stunning, move-in ready new construction home in the desirable city of North Port, Sarasota County. Built by a trusted local builder, this home offers all the benefits of a custom build without the long wait times. Featuring 3 spacious bedrooms, 2 beautifully designed bathrooms, and a 2-car garage, this property is perfect for those seeking comfort and convenience. The home sits on an oversized lot and is not in a flood zone, providing peace of mind and plenty of outdoor space. The stone accents and paver driveway create incredible curb appeal, while the front porch with a paver seating area is ideal for enjoying Florida’s sunny days. The screened-in lanai at the back provides a perfect retreat for relaxing outdoors. Inside, you'll find upgraded wood cabinets with soft-close drawers, an overmount rectangle sink, and high-end stainless steel appliances in the kitchen, along with a pantry and tile backsplash. The home is finished with luxury vinyl plank flooring throughout, and the bathrooms feature stylish tile floors with a tiled shower and glass door in the primary bath. The large walk-in closet in the master suite offers ample storage space, and all fixtures have been upgraded to provide a modern, polished feel. Additionally, the home is equipped with energy-efficient windows, helping to keep utility costs low. As a bonus, the builder includes a 2-year warranty and a 10-year structural warranty, offering added peace of mind. This beautiful home is ready for immediate occupancy, so don’t miss out on the opportunity to make it yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$355,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $284,000 | $284,000 | $284,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,818 | $1,888 | $2,395 |
Total Monthly Payment | $1,954 | $2,024 | $2,531 |
* 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.