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Under contract-accepting backup offers. Welcome to 8890 Arabella Lane, an exquisite 4-bedroom, 3. 5-bathroom home located in the highly sought-after, gated community of Arabella Cove. Boasting 2, 174 sq. ft. of thoughtfully designed living space, this home offers tile flooring throughout main living spaces and an open, seamless floor plan that effortlessly blends elegance and functionality. The chef-inspired kitchen is sure to impress, featuring stainless steel appliances, gas stove, a built-in wine fridge, and a spacious walk-in pantry—everything you need to prepare meals and entertain guests in style. The kitchen opens into a dedicated dining area and a spacious living room with soaring ceilings and textured walls, creating a bright and inviting atmosphere perfect for family gatherings and entertaining. On the first floor, the primary suite is a luxurious retreat, complete with a beautifully appointed en-suite bathroom that includes a double vanity and a walk-in shower as well as a generous walk-in custom closet. For added convenience, the main floor also features a half bath and a laundry room. Step through the sliding doors onto the covered, paver patio and take in the tranquil setting of your private, fenced-in backyard. The outdoor space is designed for relaxation and entertainment, featuring a heated and chilled pool that’s perfect for year-round enjoyment. Upstairs, a bright and airy loft overlooks the living room, filling the space with natural light and offering a flexible area that can be used as an additional living space, a home office, or a playroom. Off the loft, you’ll find three generously sized bedrooms and two full bathrooms, providing ample room for family members or guests. This home also includes a two-car garage for added convenience and ample storage. It’s equipped with several upgrades designed to enhance both comfort and energy efficiency, including solar panels that significantly reduce energy costs (with an average monthly bill of just $30-$40), a new garage motor and attic foam insulation. The location of this home is simply unbeatable—just minutes from the beautiful beaches, Seminole City Center, and only 15 minutes to Downtown St. Petersburg, where you can enjoy an array of dining, shopping, and cultural attractions. This home truly offers the perfect combination of luxury, comfort, and convenience. Don’t miss the opportunity to experience it in person—schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 | $556,000 | $556,000 | $556,000 |
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 | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $636 | $636 | $636 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,469 | $3,653 | $4,654 |
Total Monthly Payment | $4,197 | $4,381 | $5,382 |
* 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.