5460 E Michigan STREET, #7, Orlando, FL, 32812 | $199,900

Located in the quiet community of Siesta Lago, this beautiful 1 bedroom, 1 bathroom, first-floor condo unit is ready for you to unpack and settle right on in! Walking through the front door you will immediately notice the true pride of ownership with several upgrades throughout, like the laminate flooring and the updated cabinetry & granite countertops in the kitchen and bathroom. A neutral color pallete and modern hardware easily fit into any design aesthetic, while the overall layout is functional and comfortable. The large living room can easily accommodate a cozy sofa or sectional set and a big-screen TV, while the adjoining dining room with access out to your patio, where you'll find a beautiful view of the lagoon and pool, makes it easy to entertain family and friends. The kitchen features a built-in pantry, great for stashing away groceries and kitchen essentials, and updated stainless-steel appliances with the microwave and dishwasher both being brand new. The kitchen with its efficient layout also has a breakfast bar making busy morning and weeknight meals easy! From the kitchen, you can seamlessly access the large utility room, housing a full-sized washer and dryer with additional space for storage. The primary bedroom, with a walk-in closet is more than accommodating for a King or Queen bedroom suite, while the hall bath is also spacious with an oversized vanity and a shower/tub combo. The AC unit is less than a year old, offering additional peace of mind to any buyer and the water/sewer are included in your condo fees, giving you one less thing to worry about! The community itself boasts loads of amenities, all of which are easily accessible to this unit, such as a clubhouse, pool, fitness center, billiards room, playground, pet park, car wash station and more! One parking spot is included with the unit, while additional guest parking can be found throughout the complex. And, as an ADDED BONUS, the Seller has already paid the assessment to have the roof replaced and the roof is new as of May 2024! Located within close proximity to major roadways and area shopping & dining, and a short drive to Orlando International Airport, this property has it all! Neighborhood schools include Lake George Elementary, Conway Middle and Boone High (Go Braves!). Don’t miss out on your chance to see this meticulously maintained unit today—it’s sure to go fast!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Playground, Pool, Recreation Facilities, Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Inside, Laundry Room
  • Complex: SIESTA LAGO CONDOS
  • Year Built: 1990
  • Approx Sq. Feet: 836
  • Acreage: 0.08
  • Est. Taxes: $2,281
  • Condo Fee: $332 Monthly
  • Lot Desc: City Lot, Landscaped, Level, Sidewalk
  • Elem. School: Lake George Elem
  • Middle School: Conway Middle
  • High School: Boone High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6186704
  • Days on Market: 120 days
  • Website: https://www.raveis.com
    /prop/O6186704/5460emichiganstreet_orlando_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 9:33:12 AM)
Listing courtesy of BEAR TEAM REAL ESTATE   Phone: 407-228-1112

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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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5460 E Michigan STREET, #7, Orlando, FL, 32812

$199,900

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 $159,920 $159,920 $159,920
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 $190 $190 $190
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,077 $1,063 $1,349
Total Monthly Payment $1,342 $1,328 $1,614

* 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.