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Welcome to this stunning 4-bedroom, 3. 5-bathroom home located in the desirable, gated community of Magnolia Point. This home features a spacious open-concept design and soaring two-story ceilings in the living area, creating a bright and airy atmosphere. In addition to the four bedrooms, there is also an office featuring double doors. The gorgeous kitchen offers a gas stove and granite counter tops. Off the kitchen is an oversized walk-in pantry and connected laundry room with a gas dryer hook-up. The primary bedroom is conveniently located on the main floor, offering privacy and easy access, while three additional bedrooms and two bathrooms are located upstairs. The second floor offers the perfect guest quarters as there is a large loft and ensuite bathroom to one of the three bedrooms.
Step outside to your private backyard oasis, where you'll find a beautiful salt water, heated pool (built in 2022) surrounded by an oversized deck, which is all enclosed in a screened lanai. The pool service is even covered by the sellers until 7/2025! This space is perfect for entertaining or relaxing in comfort while enjoying the Florida lifestyle. With its thoughtful layout and inviting outdoor space, this home is ideal for both family living and entertaining.
Inside, the home has been meticulously updated with high-end finishes and features. Enjoy the comfort of a dual-zone AC system with a 10-year parts warranty and UV light for sanitizing. There is a whole home surge protector and an additional surge protector that includes the interior and exterior HVAC system. In addition to multiple upgrades, this home has a newer roof (replaced in 2023) and HVAC unit (2022)! This lovely property is located close to the beach, but in Flood Zone X, so no flood insurance is required!
Just a short drive to the award-winning Gulf beaches, including St. Armand's Circle, Lido Key, and Longboat Key, this home offers both luxury and convenience. With easy access to beautiful beaches, upscale shopping, and dining, this stunning home offers everything you need and more. Don't miss your chance to make it yours!
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Our Executive Mortgage Banker:
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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 | $679,920 | $679,920 | $679,920 |
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% | 6.540% |
Monthly Tax Payment | $642 | $642 | $642 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,131 | $4,354 | $5,876 |
Total Monthly Payment | $4,865 | $5,088 | $6,610 |
* 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.