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Welcome to Rivo Lakes, a luxurious gated community of just 107 homes, known for its low HOA fees, NO CDD fees, and one of the few communities in the area that allows the installation of backyard fencing with approval. This exquisite 5-bedroom, 3. 5-bath pool home was built in 2019 by the highly sought-after MI Homes. Nestled within an A-Rated school district, this 2-story executive residence is 3, 938 square feet of pure modern luxury. As you enter you will be captivated by the grand foyer with crown molding and custom lighting. This masterpiece was built with ALL HURRICANE IMPACT WINDOWS AND DOORS for safety and peace of mind. The interior is adorned with custom lighting, tray ceilings, and 8-foot doors. The heart of this home is undoubtedly the custom chef's kitchen, featuring high-end appliances, 42-inch wood cabinets, an oversized island, stunning quartz countertops, and a walk-in pantry. The first floor features an oversized primary suite with a massive walk-in closet, complete with custom built-in cabinetry. The ensuite bathroom is a luxurious oasis, offering a walk-in shower, a soaking tub, and dual vanities. Two additional bedrooms and a full bathroom are also located on the main level. As you ascend the rich hardwood stairs to the second floor, you'll be welcomed by a spacious bonus room, two more bedrooms and a full bathroom. WOW your guests when entertaining on the extended lanai and luxurious pool that is set against beautifully landscaped surroundings with palm trees and lush shrubbery. A convenient half bathroom is located near the screened lanai, ideal for guests while entertaining outside. Near Rivo Lakes, you'll find Twin Lakes Park, the Serenoa Golf Course, and a wide variety of shopping and dining options. Best of all, the world-renowned Siesta Key Beach is just a short drive away, offering endless opportunities for leisure and relaxation. Don't miss your chance to experience this exceptional property in this friendly neighborhood. Call now to schedule your private showing because this showstopper will not last!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $960,000 | $960,000 | $960,000 |
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% | 6.560% |
Monthly Tax Payment | $503 | $503 | $503 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,833 | $6,147 | $8,297 |
Total Monthly Payment | $6,461 | $6,775 | $8,925 |
* 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.