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Under Construction. MLS#O6294116 REPRESENTATIVE PHOTOS ADDED. This model home purchase includes our Model Leaseback Program. * This program?is perfect for buyers who want to purchase now but aren’t ready to move. Contact seller for more term details on leasing your home back. When the lease is up, you move in! Model leaseback terms vary by model home. Please see a Community Sales Manager for additional details. Restrictions may apply. Introducing the Tortola, a thoughtfully designed 5-bedroom model home!. Step through double doors into an inviting foyer with a striking 2-story ceiling, setting the tone for this open-concept layout. Off the foyer, you'll find a half bath, laundry room, and the fifth bedroom with a private bath, perfect for guests. At the heart of the home is a spacious gathering room with oversized sliding doors opening to the sunny lanai, enhancing Florida's indoor-outdoor lifestyle. The kitchen features an elongated island, walk-in pantry, and ample counter space, while the dining room completes this central area. The primary suite downstairs offers a luxurious retreat, including a soaking tub and spa-inspired shower. Upstairs, three additional bedrooms share a bathroom, with the second bedroom having its own bath. A game room ties everything together, making this 3, 461-square-foot home ideal for family living. Structural options added include: gourmet kitchen, tray ceiling package, 2 car courtyard garage bay, great room bar, deluxe primary bath, covered extended lanai with outdoor kitchen, and pocket sliding glass door. *Model Home Prices exclude furniture, decorative accessories, and closing costs and already include any lot premium, Seller installed options and upgrades; Buyer-selected options are no longer available. For financed buyers, lender restrictions on leasebacks for certain lenders may apply. Photos are for illustration only and do not necessarily represent actual available model home. No representation of any kind is made or implied regarding the Model Home’s future value or benefits, or availability of financing for a leaseback transaction. See Model Home Purchase Agreement, Model Home Addendum, Model Home Leaseback Agreement and, if applicable Non-Realty Bill of Sale Addendum (for furniture and any other non-realty personal property sold separately in select model homes) for details. Model homes subject to prior sale.
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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 | $857,922 | $857,922 | $857,922 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.613% | 6.455% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,144 | $5,423 | $7,356 |
Total Monthly Payment | $5,269 | $5,548 | $7,481 |
* 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.