Waterset Townhomes in Apollo Beach, Florida

Waterset TownhomesWaterset Townhomes are very affordable townhomes with reasonable maintenance fees  in eastern Hillsborough County, Apollo Beach, Florida.  This location is between the Interstate Corridor and Tampa Bay.  It is also conveniently located to restaurants and shopping as well as Tampa’s business district and Gulf Coast beaches.  Some of the property highlights include:

  • Pricing from $194,490s – $233,990s
  • Square footage from 1,756 to 2,185
  • Bedrooms from 3 to 4
  • Bathrooms from 2 to 3
  • Amenities include  a resort-style pool, splash park, playground, picnic area, cafe, outdoor fitness station, and a fitness center.
  • CDDs are only $80.46 per month with low HOAs at only $6.08 per month.
  • The Townhome maintenance fee is only $179.00 per month.

Per Lennar, the Schools for this subdivision include:

  • Inez Doby Elementary School
  • Eisenhower Middle School
  • East Bay High School

Although the above schools are the currently assigned to the subject development, I would suggest that any potential buyer check the Hillsborough County website to verify the schools and more information (school grades, school calendar, etc.). If you are relocating to Hillsborough County, you can find your school at click here as well as the school calendar at click here.

Unlike most builders, Lennar offer a home that has everything included.  What does that mean for the buyer?  In the case of upgrades, it is simply a matter of over pricing them above what you could get done from an individual subcontractor.  I’m not saying that Lennar does not offer upgrades, but most of the “typical”upgrades in the modern home as “granite” countertops are included.  Whereas, a lot of builder charge higher prices at their “design centers”.  This is just something to think about when deciding on purchasing a home.

There are several “spec” homes available.  Home builders in the Tampa Bay Residential Market have completed homes available with some real savings like discounts off the original sales price and generous closing costs available to potential home buyers in communities like Riverview and Dover, Florida.  Sales prices onSpec” (speculation) are often the best places to get the best deals.  These homes are built by builders without an intended purchaser in mind (Hence the builder is speculating that they will find a builder to buy the home).  There are two spec townhomes available (Ironwood and Princewood models).  The following is the Ironwood Model:

Ironwood

Ironwood 1st Flr

Ironwood 2nd Flr

The following is the Princewood Model:

Princewood

Princewood 1st Flr

Princewood 2nd Flr

Front Elevations and Floor Plans provided by Lennar Homes

KW1784102f20KW.jpgYou should consider using a realtor.  I could save you money especially with new home builders and it does not cost you anything.  So why not?  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty a.t 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link

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Riverview Pool Home Just Sold

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I just sold this pool home for at full list price at $248,000.  This property went under contract in 53 days during the slowest sales period (the holidays) in the year.   This three-bedroom/two-bath/three-car garage pool home with an office is nestled in the HEART OF RIVERVIEW. This charming home is situated on an OVERSIZED .78 ACRE LOT & boasts over 2,000 SF of living area. You will find this generously sized residence offers the SPACE & FLEXIBILITY to grow & transform to accommodate your changing lifestyle. You will appreciate the beautiful WOOD LAMINATE FLOORS that flow throughout the kitchen, brunch area (eat-in kitchen), & family rooms.  A charming WOOD BURNING FIREPLACE in the family room provides a cozy focal point for family gatherings. The master bedroom overlooks the POOL and POND as well as beautiful SUNSETS. The 2 additional bedrooms are both bright, spacious, and are located along the opposite side of the home.

img_6055This home’s backyard is a MUST SEE meant for entertaining-SPACIOUS, PRIVATE, & PARTIALLY FENCED. Surrounded by generous yard space, a screened in saltwater poolwith an outside bar, lush landscaping, & fruit trees create the perfect place to sit outdoors! * HOA Only – $80 per quarter!!! BEAUTIFUL NEIGHBORHOOD!!! Convenient to schools, shopping, dining, & easy access to Downtown Tampa!

moneyhands_217w_gifThinking of buying or selling real estate?

KW1784102f20KW_thumb.jpgYou should consider using a realtor.  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty at 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link.

 

Residential Market Insights: October 2016

Lennar model home backyard

HOME SALES

The National Association of REALTORS® reported home sales at a seasonally adjusted annual rate of 5.33 million homes during the month of August. This was a decrease of 0.9 percent from July, and an increase of 0.8 percent from August of last year.

HOME PRICE

The median home price decreased to $240,200 in August, which was down 1.3 percent from July and up 5.1 percent from August of last year. The median home price has increased by nearly $11,700 in the past year alone.

INVENTORY – MONTH’S SUPPLY

There was a 4.6-month supply of housing inventory in August, which was a 2.1 percent decrease from July. The total number of homes for sale decreased by 9.8 percent compared to August of last year.  It is still a seller’s market.

Months of supply is the measure of how many months it would take for the current inventory of homes on the market to sell, given the current pace of home sales. Months of supply is a good indicator of whether a particular real estate market is favoring buyers or sellers. Typically, a market that favors sellers has less than 6 months of supply, while more than 6 months of supply indicates an excess of homes for sale that favors buyers.

The current market for mortgage rates is as follows:

Mortgage Type Interest Rate
30-Year Fixed 3.48%
15-Year Fixed 2.76%
5/1-year ARM 2.80%
Historical average 8.90%

 

Thinking of buying or selling real estate?

KW1784102f20KW_thumb.jpgYou should consider using a realtor.  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty at 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link.

Riverview Lakes Townhomes

Riverview Lakes Townhomes is a Lennar townhome community located on the west side of US Highway 301, just south of Gibsonton Drive in Riverview, Florida.  Riverview is one of the fastest growing areas in the Tampa Bay area.  HOA is $171.45 per month with no CDD Fees.  Some of the highlights include the following:

  • Pricing from $189,990s – $214,990s
  • Square footage from 1,747 to 2,162
  • Bedrooms from 3 to 4
  • Bathrooms from 2 to 2.5

Since schools districts can change all the time, we suggest that a potential buyer should verified the schools prior to purchasing.  According to Lennar, the schools are as follows:

  • Collins Elementary School
  • Rodgers Middle School
  • Riverview High School

There are seven spec homes available (Abacos, Bimini and Cozumel models).  Spec homes are homes built without a buyer and usually offer better than average deals as the builder/developer does not want to keep them for very long.

Abacos Model – a 1,747 SF, 3 BR/2 BA, Home – Three available at $189,990

Bimini Model – a 1,993SF, 3 BR/2.5 BA, Home – Three available between $199,990 and $201,990.

Cozumel Model – a 2,162SF, 4 BR/2.5 BA, Home – One available at $216,990

Thinking of buying or selling real estate?

KW1784102f20KW_thumb.jpgYou should consider using a realtor.  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty at 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link.

Building Plans were provided by Lennar Homes.

Ballentrae in Riverview, Florida

Ballentrae is located southwest of Rhodine and Balm Riverview Roads in Riverview, Florida.  Riverview is one of the fastest growing areas in the Tampa Bay area.  HOA is $5 per month and the CDD Fee is $152.08 per month.  The development features a clubhouse and a resort style swimming pool.  Some of the highlights include the following:

  • Pricing from $225,490s – $310,490s
  • Square footage from 1,971 to 3,777
  • Bedrooms from 3 to 5
  • Bathrooms from 2 to 3

Since schools districts can change all the time, we suggest that a potential buyer should verified the schools prior to purchasing.  According to Lennar, the schools are as follows:

  • Collins Elementary School
  • Rodgers Middle School
  • Riverview High School

There are four spec homes available (Pennsylvania, Rhode Island, South Carolina and Vermont models).  Spec homes are homes built without a buyer and usually offer better than average deals as the builder/developer does not want to keep them for very long.

The Pennsylvania in Ballentrae

Pennsylvania Model – a 2,529SF, 4 BR/3 BA, Home – One available at $265,890

The Rhode Island in Enclave at Boyette

Rhode Island Model – a 2,533SF, 4 BR/2.5 BA, Home – One available at $268,490

The South Carolina in Ballentrae

South Carolina  Model – a 2,947SF, 4 BR/2.5 BA, Home – One available at $289,990

The Vermont in Ballentrae

Vermont Model – a 3,288SF, 5 BR/3 BA, Home – One available at $295,840

Thinking of buying or selling real estate?

KW1784102f20KW_thumb.jpgYou should consider using a realtor.  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty at 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link.

Elevations were provided by Lennar Homes.

 

Enclave at Boyette Creek

The Enclave at Boyette features single-family homes located on the east side of Boyette Road, just north of Rhodine Road in Riverview (located in eastern Hillsborough County).  HOA is $88.27 per month with no CDD Fee.  The entire development is gated and features a park.  Some of the highlights include the following:

  • Pricing from $227,490s – $315,490s
  • Square footage from 1,738 to 3,777
  • Bedrooms from 3 to 5
  • Bathrooms from 2 to 3

According to Lennar, the schools for Enclave at Boyette are as follows:

  • Stowers Elementary School
  • Barrington Middle School
  • Newsome High School

There are four spec homes available (North Carolina, Rhode Island, Vermont and Virginia models).  Spec homes are homes built without a buyer and usually offer better than average deals as the builder/developer does not want to keep them for very long.

The North Carolina in Enclave at Boyette

North Carolina Model – a 2,065SF, 4 BR/3 BA, Home – One available at $250,490

The Rhode Island in Enclave at Boyette

Rhode Island Model – a 2,533SF, 4 BR/2.5 BA, Home – One available at $274,990

The Vermont in Enclave at Boyette

Vermont  Model – a 3,288SF, 5 BR/3 BA, Home – One available at $303,990

The Virginia in Enclave at Boyette

Virginia Model – a 3,777SF, 5 BR/3.5 BA, Home – One available at $324,490

Thinking of buying or selling real estate?

KW1784102f20KW_thumb.jpgYou should consider using a realtor.  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty at 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link.

Elevations were provided by Lennar Homes.

 

FHA Versus Conventional Loan (With and Without Closing Costs) Example

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In today’s economy, it is often hard for buyers to come up with the additional money for closing costs and/or sellers are not willing to pay some or all of buyer’s closing costs to buy residential real estate.  Thus, I have been provided with an example of FHA versus Conventional Loans (with and without closing costs) for a property offered at $179,900.

money-7As demonstrated in the above exhibit, the cost to roll in the additional costs for either a Conventional or FHA loan is nominal over a 30 year term.  These closing costs include, but are not limited to real estate commissions (usually paid by the seller), lender fees (i.e..loan origination fee, loan discount points, application fee, etc.), homeowner’s insurance (in some cases flood insurance is required), real estate taxes, title feees, survey costs, inspections (i.e.pest.and home inspectors), etc.  With the new FHA rules that require mortgage insurance over the entire term regardless of loan-to-value, a conventional loan is a home buyer’s best option (if they can qualify for it).  FHA still is the easiest to qualify for.

KW1784102f20KW_thumb.jpgFor more information about finding the right financial product for you, you can contact Stephen Speer at stephenspeer@inlanta.com, or visit his web site atstephenspeer.com.  

You should consider using a realtor.  If you are interested in buying real estate (new home, existing home, or commercial property), please contact me (Alan Lane with Keller Williams Realty a.t 2119 W Brandon Blvd, Brandon, Florida  33511).  As a life long resident of Central Florida, I can help you find the right property for you whether it is in Lakeland or as far south as Sarasota.  The Keller Williams offices of  ”Suburban Tampa” include the offices in Brandon, Plant City, Fishhawk Ranch, and our newest office in Valrico.  My email address is alanlane66@gmail.com, or call me at 813.205.9280.  If you are just starting your search, you can search the MLS for real estate opportunities on my website at this link