Island Club DRIVE, Tavares, FL, 32778 | $226,000

Named by Money Magazine as one of the best places to live, Deer Island, Florida is a gated, private island, golf community sited near Mount Dora. Deer Island is surrounded by the Harris Chain of Lakes which is connected to the St Johns River which enters the Atlantic Ocean near Jacksonville. This lot is on the Lake Dora side of the island & has beautiful views of the lake & Mount Dora. Deer Island Golf and Country Club has amazing water and golf views from every one of the magnificent homes located on this island. Deer Island residents enjoy golfing, boating, fishing, scenic bike rides, and tennis and is located within minutes of historic Mount Dora with fine dining and shopping at the beautiful antique and specialty shops. Often called Mount Dora's private island, Deer Island Golf and Country Club is an exclusive community with tropical breezes and amazing lake views with an 18-hole championship golf course designed by highly acclaimed golf course architect Joe Lee.

Features

  • Lot Size: 80 x 150
  • HOA Fee: $144 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • MLS#: R4907647
  • Days on Market: 254 days
  • Website: https://www.raveis.com
    /prop/R4907647/islandclubdrive_tavares_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 9:04:24 PM)
Listing courtesy of FL PROPERTY REALTY INC.   Phone: 321-277-4022

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888.699.8876

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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Island Club DRIVE, Tavares, FL, 32778

$226,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $180,800 $180,800 $180,800
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,218 $1,202 $1,525
Total Monthly Payment $1,293 $1,277 $1,600

* 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.