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This David Weekley, premium lot, 3254 square foot custom home, first time on the market is located in the gated community of Palencia on a quiet cul-de-sac street. Upon entering the home you are greeted by this spacious open floor plan, with spectacular panoramic water views with expansive windows and natural light. Great for entertaining, watching nature and spectacular sunsets. The indoor/outdoor space is designed to harmonize with its natural surroundings. The spacious one story, split floor plan features a great room with built-in cabinets and the convenience of a gas fireplace while enjoying your favorite movies or music with the surround sound system. The speakers are also in the dining room, primary bedroom, bathroom and screened in lanai. Culinary kitchen updated 2024, with large quartz counters and updated stainless steel appliances. Gather around the eat in breakfast area that opens to the great room with westerly water views. Features: Covered front porch with seating area, three car garage, impact windows, security system, tankless gas water heater, softener and filter, 2 zone central air. Primary bedroom - floor to ceiling windows, spacious master closet with custom cabinetry, vaulted ceiling. Wood floor in flex room off the guest wing. Separate study, wainscoting in dining room. Screened in lanai, with Travertine tile. New roof replaced and upgraded in October, 2018. This expansive lot has ample space for a pool. Palencia has world class amenities. A championship Arthur Hill designed golf course, a fitness center, three community pools, 10 lighted har-tru tennis courts, pickle ball, sports fields and a boardwalk leading to the Intracoastal.
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Our Executive Mortgage Banker:
Our Insurance Division:
$989,000
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 | $791,200 | $791,200 | $791,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $698 | $698 | $698 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,807 | $5,066 | $6,838 |
Total Monthly Payment | $5,597 | $5,856 | $7,628 |
* 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.