871 City Walk LANE, #B-1, Oviedo, FL, 32765 | $1,025,000

Under Construction. City Place Live+Work+Play Townhomes are located in the walkable, mixed-use community of “Oviedo on the Park” in Oviedo, FL. City Place boasts rich Coastal Contemporary exterior architectural design complimenting an Upscale Urban Lifestyle. The interior layout and decor are Luxurious, Creative, and Current yet provide a Practical, Functional and Efficient use of space and housing dollars in a Modern Open Floor Plan.

Oviedo, FL was recently awarded the title of “One of the Best Cities to Live”. It’s located near downtown Orlando and all famous attractions. It’s within 3 miles of the University of Central Florida, one of the largest public university campuses in the US, it’s a hub of science and technology, and yet Oviedo proudly maintains its “Hometown USA” identity and feel.

City Place is being built directly across the street from The Food Factory and The Factory Bar, a new upscale food hall in a 14, 500sf venue with “fast, fine dining” provided by 8 artisan chef inspired micro restaurants that are sure to be the highlight of Oviedo on the Park!

City Place is the equivalent of buying 3 properties in 1 purchase…

LIVE a Spectacular Lifestyle in your 2, 148sf two story Luxury Townhome with a Spacious 2nd floor Great Room, Overlook Balcony, Gourmet Island Kitchen with Pantry, Large Dining Area & convenient Guest Powder Room. The 3rd Floor delivers big with a Spacious Master Suite with Glamour Bath, Large Walk-In Closet and finishes with 2 Guest Bedrooms, Full Guest Bath and Full-Sized Laundry Room. A Private Courtyard and Oversized 2 Car Garage complete this extraordinary design! Entertaining guests? Don’t want to cook? Order “Room Service” from The Food Factory’s 8 micro restaurants and fine dining delivery comes right to your front door! Rent the Office/Retail & Guest House and watch your monthly housing cost evaporate!

WORK a Spectacular Business Lifestyle in your private, separated, 1ST floor 700sf Office/Retail storefront open to the public and yet completely void of all the distractions that come with working from home! Or, lease this incredible space and provide opportunity to some deserving business while improving your neighborhood AND reducing your cost of living from the income provided! The Food Factory “Room Service” also delivers to the City Place businesses so that you can "WOW" your clients & staff!

Learn to PLAY again while your 1 Bedroom Guest House generates rental income that significantly reduces your housing expense! Or, maybe it houses your college student, or stands ready as “a safe place to land” or “an open invitation” to family members you miss! Your Guest House residents will also live in style because “Room Service” delivery to their door is available to them as well!

City Place… to an Owner-Resident…is Extraordinary Living and an Incredible Lifestyle.
City Place…to the Wise… is an Investment!!! The 3 Rental Components are designed to provide years of Reliable Income Streams!

Features

  • Rooms: 12
  • Bedrooms: 4
  • Baths: 3 full / 2 half
  • Lot Size: 22 x 85
  • Style: Contemporary
  • Year Built: 2023
  • Garage: 2-car Alley Access, Garage Faces Rear, Guest, Off Street
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,332
  • Acreage: 0.05
  • Lot Size: 22 x 85
  • Est. Taxes: $1,121
  • HOA Fee: $330 Monthly
  • View: City
  • Elem. School: Stenstrom Elementary
  • Middle School: Jackson Heights Middle
  • High School: Oviedo High
  • Pet Policy: Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range Hood, Refrigerator, Wine Refrigerator
  • MLS#: A4499740
  • Days on Market: 368 days
  • Website: https://www.raveis.com
    /eprop/A4499740/871citywalklane_oviedo_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 10:08:11 AM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Our Insurance Division:

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871 City Walk LANE, #B-1, Oviedo, FL, 32765

$1,025,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $820,000 $820,000 $820,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $93 $93 $93
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,319 $5,251 $7,200
Total Monthly Payment $5,537 $5,469 $7,418

* 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.