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Welcome to this custom two-story pool home, where privacy and everyday comfort meet. This residence boasts a brand-new, tile roof along with a whopping 4, 167 square feet of living space, and resides in Palm Lake, an intimate gated community of estate homes in the heart of Dr. Phillips. Inside, you will find 5 bedrooms and 5 full bathrooms with the primary suite on the ground floor, plus a gourmet kitchen, a family room, a media room, and a formal dining and living room. The gourmet kitchen features quartz countertops with one large island, one small island, loads of cabinetry, and a closet pantry, perfect for any culinary enthusiast and those who love to host gatherings. Custom built-in shelving is sprinkled throughout the home, adding both functionality and elegance to the living spaces, while its unique architectural elements make it stand out within the community. Outdoor living is another highlight of this residence. Between the screened pool, covered lanai, spacious backyard, and private balcony, this home offers plenty of space to relax and enjoy. Located in an intimate Dr. Phillips community, this home is conveniently close to Restaurant Row and Universal Studios, offering easy access to dining, shopping, and entertainment options. The property also features a 3-car side-entry garage, providing ample space for vehicles and storage. As the lowest-priced home in the community, this property represents an excellent value for discerning buyers. With its combination of desirable features and prime location, this home offers a unique opportunity for those seeking a blend of luxury and practicality in an intimate gated neighborhood. Don't miss the opportunity to make this custom home your own and update the flooring and finishes as you see fit!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,130,000
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 | $904,000 | $904,000 | $904,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
Monthly Tax Payment | $1,172 | $1,172 | $1,172 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,420 | $5,788 | $7,813 |
Total Monthly Payment | $6,717 | $7,085 | $9,110 |
* 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.