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Prime Opportunity at Saddlebrook Resort – Welcome to Unit 830 and Unit 832 at Saddlebrook Resort, a unique lockout condo offering unparalleled flexibility, luxury, and investment potential. Nestled on the 18th fairway, these units boast breathtaking views of the golf course, a serene pond, and a backdrop of whimsical trees, making them the best in location and scenery.
**Unit 830**: A cozy 1-bedroom, 1-bathroom retreat perfect for personal getaways. Enjoy a spacious balcony that invites you to unwind while taking in the serene surroundings.
**Unit 832**: Featuring two private bedrooms and bathrooms separated by pocket doors, this unit offers a spacious open-concept living and dining area with a full kitchen. Like Unit 830, it also has its own balcony, providing a tranquil space to relax and enjoy the beauty of Saddlebrook Resort.
**Combined Opportunity**: Utilize the lockout feature to merge both units into a spacious 3-bedroom, 3-bathroom condo, or keep them separate for rental flexibility. This versatility makes it an ideal investment for maximizing rental income or enjoying extended stays with family and friends.
**Resort Living**: Situated in a vibrant walking village, you’re just steps away from world-class resort amenities, including fine dining, shopping, and recreational facilities. Whether you choose to live here full-time, lease the units long-term for 12 months with HOA approval or enter into the rental pool which allows you to enjoy 45 days per year for your own personal use. This property offers the best of both worlds.
**Renovations and Investment**: Saddlebrook Resort is undergoing over $53 million in renovations, ensuring the resort remains a premier destination. Buyers who choose to enter into the rental pool will have the ability to remodel their units at an affordable cost (see attachments), presenting a prime opportunity to invest in a property with significant future value.
Don’t miss out on this exceptional opportunity to own a piece of paradise in Saddlebrook Resort. For more information, visit SaddlebrookResort. com and see our documents available.
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William Raveis Real Estate
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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 | $79,200 | $79,200 | $79,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $61 | $61 | $61 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $527 | $526 | $679 |
Total Monthly Payment | $663 | $662 | $815 |
* 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.