Nestled between Downtown Sanford and Lake Monroe, this completely upgraded WATERFRONT residence offers BREATHTAKING views starting the moment you enter. This 2-bedroom, 2-bathroom condo spans 1, 627 square feet. Upon entering, you are greeted by a screened-in porch at the entrance, perfect for protection during bug season. The condo has pristine WHITE OAK VINYL floors throughout and an open concept layout filled with natural light. This unit is one of the brightest in the building, due to the bright white cabinets and updated flooring. The primary living area seamlessly connects to the dining area and provides UNOBSTRUCTED water views of Lake Monroe. The modern kitchen boasts granite countertops, stainless steel appliances, sleek white cabinets, a California Closet pantry, and a breakfast bar. Adjacent to the dining room, a built-in bar caters to all your entertaining needs. The lakeside screened-in porch offers tranquil moments while overlooking serene water views. The primary bedroom, with balcony access, offers a private oasis to unwind and enjoy picturesque lake views. The ensuite primary bathroom features double sinks and a soaking tub. Additionally, the primary walk-in closet includes custom California Closet built-ins, offering both functionality and style. The guest room closet, kitchen pantry, and guest room bathroom also feature California Closet built-ins for extra storage and organization. The second bedroom is located at the front of the residence, ensuring complete privacy and a spacious bathroom. This low-maintenance condo also features a BRAND NEW (May 2024) HVAC unit and a laundry room with a stackable washer and dryer. The price INCLUDES a COVERED parking spot! This waterfront haven is just steps away from all that Historic Downtown Sanford has to offer, including shopping, dining, and miles of waterfront walking paths. Enjoy an evening walk on the Sanford Riverwalk with beautiful views of Lake Monroe, or stroll down First Ave for dinner. The unit is also located within 200 yards of Henry's Depot Food Hall, making dining out a breeze. Walk on over to Fort Mellon Park & splash pad, and enjoy monthly food truck events downtown, which are easily accessible. Enjoy the perfect view of Lake Monroe 4th of July fireworks and the annual December "Parade of Lights" on Lake Monroe. This unit includes one private, covered parking spot, and there is plenty of room for parking on the lake. Access to all the amenities at Gateway at Sanford, including a community clubhouse, fitness center, and private resident-only lobby, is included. Schedule your viewing today to make this stunning condo yours!
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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 | $332,000 | $332,000 | $332,000 |
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 | $373 | $373 | $373 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,237 | $2,207 | $2,800 |
Total Monthly Payment | $2,685 | $2,655 | $3,248 |
* 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.