Great investment oppurtunity with a tenant in place until April of 2025! Welcome to this stunning condo, where luxury meets convenience! This corner unit offers the perfect blend of modern living with downtown lifestyle. As you enter the condo, you're immediately struck by the seamless flow between the kitchen and living space complimented by your balcony to admire the city views. The split bedroom floor plan ensures privacy and tranquility for all residents. The master suite is a luxurious retreat, featuring wood flooring, a spacious walk-in closet and ensuite bathroom complete with a tub, separate shower and double vanities. On the opposite side of the condo, you'll find two additional bedrooms, each offering ample space and natural light with a shared second balcony. Whether used as guest rooms or home offices, these rooms provide flexibility to accommodate your evolving needs. This condo also boasts a range of amenities designed to elevate your way of living. Dive into relaxation at the resort style infinity pool or stay active and healthy at the fitness center, equipped with exercise machines and free weights for a comprehensive workout. For added peace of mind, the property also includes a 24 hour concierge and security within the main lobby. Conveniently located in the heart of Downtown, this condo offers easy access to top tier dining, Lake Eola and its weekend farmers markets and just a short distance from entertainment such as The Kia Center, Dr Phillips Center and the nightlife of Orlando.
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $772 | $772 | $772 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,282 | $4,177 | $5,274 |
Total Monthly Payment | $5,146 | $5,041 | $6,138 |
* 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.