Embrace this opportunity where comfort meets spacious living in the serene Coachwood Colony community in Leesburg, Florida, with this classic mobile home offering TREMENDOUS potential. Situated on an oversized lot with the unique advantage of NO LOT RENT.
This charming property features two generously sized bedrooms, each bedroom could accommodate more than one bed, has 3 closets in each room for plenty of storage. This home also has two bathrooms with one in the primary bedroom, catering perfectly to your needs for space and convenience. While the interior remains untouched by modern updates, this home presents a blank canvas waiting for you to infuse your personal style and modern touches. Expand your living area with an enclosed front room, perfect for enjoying the Florida sunshine in comfort, or relax in the screened porch, ideal for evening gatherings or a quiet morning coffee. Practical needs are also covered with an outside laundry room and a utility room, adding to the functional layout of this home. This home can also come FULLY furnished! Buyers choice.
Located just minutes from the picturesque Venetian Gardens and vibrant Downtown Leesburg, you have easy access to beautiful parks, waterfront relaxation, and a bustling downtown scene featuring shopping, dining, and regular community events. The property is also only 20 minutes from the Villages and all the area offers including many recreational options, restaurants and entertainment.
This property is an EXCELLENT opportunity for anyone looking to truly make this home their own and customize to their liking in a peaceful, community-oriented neighborhood without the burden of lot rent in the heart of Leesburg.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $111,600 | $111,600 | $111,600 |
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 | $82 | $82 | $82 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $752 | $742 | $941 |
Total Monthly Payment | $909 | $899 | $1,098 |
* 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.