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Under Construction. This may very well be one of the best quality built homes in Florida! To begin with, the entire home is constructed with ICF (Insulated Concrete Forms). ICF walls are monolithic, concrete walls without joints, and are significantly stronger than those built with concrete blocks. Strong enough to withstand 250 mph winds! The complete interior of the home is built with Steel Studding & Steel Roof Trusses thus preventing, Termites, Mold, and Fire! All the Windows and Sliders are Hurricane Impact Resistant so combining that with a Steel Roof, you have a very well built, strong home! The Exterior finishes include; Stucco Walls, Weather Resistant Wood Veneer Feature Walls, Upgraded Bronze Window Frames, Premium Insulated Garage Door, 8 ft Entry Door, 16 ft Hurricane Impact Glass Sliding Doors and Oversized Hurricane Impact Windows. The Interior finishes include; Interior Pots Lights throughout the home, Vaulted Ceilings, the Highest Insulation Rated R30 Spray foam to reduce noise and upgrade your insulation value, Energy efficient HVAC System, Mudroom/laundry room, Utility/ storage room. Premium 9’’ by 60’’ Wood inspired plank flooring, Premium Tile on the Bathroom's floor and shower areas, Solid Wood Cabinetry, Premium Faucet fixtures, 8ft interior doors, Beverage and Pantry Nook, Quartz Countertops, Stainless Steel Appliances and much More! This High Energy Saving Home is Termite Resistant, Fire Resistant & Mold Resistant! It Exceeds the Miami Dade Impact Rating as well as the Miami Dade Wind Resistant Rating! This home has been designed to withstand Mother Nature’s worst storms without sacrificing everyday luxuries such as large windows, high ceilings and an oversized Lania overlooking the beautiful fresh water canals. Expected date of completion June 30 2025
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,900
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 | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $39 | $39 | $39 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,245 | $2,364 | $3,013 |
Total Monthly Payment | $2,359 | $2,478 | $3,127 |
* 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.