SELLER FINANCE 4 PCT FIXED LAKEWOOD RANCH FL 3BR3BA VILLA 3304 SQFT FREE AND CLEAR

SELLER FINANCE in Arbor Grande, Lakewood Ranch - 4.000% fixed, no bank qualifying, on a free-and-clear 2017 villa with 3,304 sq ft.

The Terms

• Down payment at closing: $40,950 (7%)
• Seller-carried note: $564,525
• Interest rate: 4.000% fixed for the full term
• Amortization: 540 months
• Principal and interest: $2,255.74 per month
• Balloon: no earlier than month 85
• No prepayment penalty
• Late charge: 5% of any payment more than 10 days late
• The seller owns the property free and clear - no underlying mortgage
• At closing the buyer signs the promissory note, a purchase money mortgage, and a deed held in escrow that returns the property to the seller if a payment is more than 60 days late and not cured within 10 days of written notice
• Hazard insurance required, naming the seller as mortgagee and loss payee

Known Monthly Carrying Costs (verify independently)

• Principal and interest: $2,255.74
• HOA: $505 per month ($1,515 quarterly)
• CDD: $1,222 per year
• Property tax: $10,746 (2025, non-homestead)
• Insurance: not included

Property Highlights

• 3 Bed / 3 Bath, two-story villa, corner/end unit
• 3,304 Sq Ft heated (4,030 total)
• 0.15 acre lot
• Built 2017 | Block construction, tile roof, hurricane shutters
• 2-car attached garage
• Primary suite and a second bedroom on the first floor; loft with wet bar and an oversized bedroom with full bath upstairs
• Screened west-facing lanai
• Move-in ready condition
• Arbor Grande: gated, clubhouse, fitness center, two heated pools, spa, pickleball, bocce and dog park; across the street from the villa amenities
• Minutes to Lakewood Ranch Main Street; Gullett Elementary, Dr. Mona Jain Middle and Lakewood Ranch High
• Buyer Approval Requirements (the seller is the lender - every buyer is screened before contract):
• Proof of funds for the $40,950 down payment plus closing costs
• Proof of income: last 2 years of tax returns, or 3 months of bank statements, showing the ability to carry the monthly payment, HOA, taxes and insurance
• Real estate portfolio: a schedule of properties owned, with current leases and rent rolls for any rentals
• Entity documents if buying in an LLC

Exit Strategies

• Buy on seller-financed terms and hold for cashflow
• Refinance or resell before the balloon, paying off the seller note at closing
• Re-sell on terms to an end buyer

Timeline: Closing occurs within 30 days of execution of assignment.

Contact AEQUITY for access, lockbox & full deal package

Property is being sold AS-IS, WHERE-IS. Buyer to pay all closing costs and title insurance. Cash or hard money only - no conventional or FHA financing. All offers require a $5,000 non-refundable earnest money deposit and an average 7-14 day close of escrow. AEQUITY does not represent the seller or buyer in this transaction. Equal Opportunity Housing. Broker participation welcome at 3% on top of the buy-now price.