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Under Construction. **Soon to be ready: May 2025**. Home will be ready at the end of May 2025. Introducing the "Providencia" model — a true gem in the heart of North Port, crafted with impeccable attention to detail by the distinguished design team at Investors 180 Group. Every element of this home has been thoughtfully curated to stand out from typical new construction in the area, offering a unique blend of luxury, functionality, and modern aesthetics. This residence showcases high-end finishes, including high roofs 9'4", which adds to the home’s spacious and upscale design, elegant quartz countertops, solid 3/4" plywood white shaker cabinetry, expansive 24x48 porcelain tile flooring, and impact-resistant white aluminum/glass windows. The gourmet kitchen comes fully equipped with a range, refrigerator, dishwasher, and microwave, seamlessly complementing the open-concept design. Designed for everyday enjoyment and special gatherings, the home features a huge covered lanai of 280 sq ft with luxury tile floors— perfect for relaxing outdoor living and memorable family moments. Embrace the serene and vibrant Florida lifestyle with this new construction located in a flourishing area of North Port, known for its rapid growth, natural beauty, and unmatched quality of life. No HOA, no CDD. Estimated completion: [MAY/2025]. All measurements are approximate and should be independently verified by the buyer and/or buyer’s agent. Discover elevated living — contact me today for more information or to schedule your private tour!
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Our Executive Mortgage Banker:
Our Insurance Division:
$393,900
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 | $315,120 | $315,120 | $315,120 |
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% | 7.025% | 6.132% |
Monthly Tax Payment | $51 | $51 | $51 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,992 | $2,070 | $2,638 |
Total Monthly Payment | $2,118 | $2,196 | $2,764 |
* 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.