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Come live the Lakewood Ranch Lifestyle at the Amenity-Rich Esplanade Golf & CC - in the center of all that Lakewood Ranch offers! This High and Dry home is not in an insurance needed "flood zone" and there was no issue in the summers of 2024. You're a short walk from both community clubhouses where you will enjoy hanging out with your neighbors at the World-Famous Bahama Bar, relish the chance to play Tennis, spend down time at the spa, catch a workout or lounge one of the 2 resort-style pools! So much to do here - the choice is yours! Your new home features a Whole House Generac Generator, an extended lanai with an outdoor kitchen along with a SunSetter retractable awning and pull down shades atop a paver deck. Step thru the new artful glass insert front door to the natural light filled unit featuring upgraded kitchen cabinets, stainless steel appliances, tray ceilings, crown molding, a stylish closet system in the main bedroom and a HomeTech warranty protecting the HVAC, Water Heater all appliances and more. Outside, the curb appeal has been enhanced by a Majestic Landscape border and a pressure washing of the exterior walls. Finishing off the unit is an epoxy coated garage floor, Lexan See-Thru Hurricane shutters, Saferack storage racks and a workbench that you will appreciate. Start living the Esplanade lifestyle in Lakewood Ranch today - this home does not include Golf membership so the fees are lower - yet you Can play as a resident should you have guests come to town that do like to tee it up. Come see this house in person and you'll see why you will call Esplanade your new home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $388 | $388 | $388 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,890 | $3,683 |
Total Monthly Payment | $3,261 | $3,370 | $4,163 |
* 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.