CONTRACT CANCELLATION DUE TO BUILD OUT LIMITATION TO FOOTPRINT OF PROPERTY TO THE EXTENT OF WHAT BUYER WANTED. Seldom is there an opportunity to purchase one of these casita homes in Weston Pointe which is, quite possibly, the best BOATABLE single family home community on Longboat Key. Not only does it come with a boat slip, complete with lift, but it is also the closest proximity of any to the Key’s Publix Market, CVS, and tennis courts, and is also inclusive of access to the Bay Isles Beach Club. This ingenious design creates a wrap floorplan designed for all home spaces to open up to, and enjoy, the piece-de-resistance- the lush, private, pavered, summer kitchen and pool enhanced courtyard. All bedrooms, living room, and kitchen/ family room are equipped with their own set of oversized pocketing sliders, allowing for an abundance of natural, fresh light and air thru-out the home. Plantation shutters installed on all do also provide for low-light and seclusion when desired. With a privacy wall around the property and a locking double entry door into the courtyard, you are left with a full sense of security, day or night, while you savor the open air. This floorplan presents en-suite style for all bedrooms and an additional powder room for ‘anytime’ guests. It also lends itself to a split bedroom layout with one of the guest suites taking position casita-style with its’ entrance separate from the home. The sizable kitchen has what you’re looking for with a double-oven, double-drawer dishwasher, sub-zero fridge and cabinet pull-outs. There are so many amazing qualities to this home; some not yet mentioned are double-crown/ lighted moulding, soaring ceilings, electric fireplace, brand new roof and garage door, no carpet in home, oversized master bath and walk-in closet. This home is positioned accordingly to enjoy full sun exposure while lounging poolside or rafting up. TOWN OF LONGBOAT KEY UTILITY ASSESSMENT PAID IN FULL
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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 | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.739% | 6.686% |
Monthly Tax Payment | $697 | $697 | $697 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,359 | $9,733 | $13,241 |
Total Monthly Payment | $10,181 | $10,555 | $14,063 |
* 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.