1223 Formosa AVENUE, Winter Park, FL, 32789 | $975,000

MOTIVATED SELLERS! PRICE IMPROVEMENT!!!! Home RECENTLY APPRAISED for $1, 200, 000! This is a great opportunity to walk into this gorgeous home with equity in your pocket!!!!! Discover luxury living in this completely renovated, move-in ready 1-story home located in the Popular And Prime location of Winter Park! You won't believe all this home has just from looking at it from the outside! This home boasts a unique combination of comfort and luxury. This 3834 sq ft property features 4 spacious bedrooms and 3 renovated bathrooms, offering modern fixtures and finishes. With engineered wood floors throughout it adds a feeling of warmth and elegance! The chef’s kitchen is a culinary delight, featuring light cabinets, quartz countertops, and newer stainless steel appliances. The extended-length island with bar-height seating is ideal for casual meals and entertaining! Both Formal and Informal living and Dining Spaces make this the perfect home for entertaining! Large informal living Room Features a gorgeous brick fireplace to cozy up to while watching Movies with loved ones!  In addition, this home has an expansive enclosed patio perfect for pool table and/or sitting area! a great way to enjoy the Florida indoor/outdoor lifestyle! Bonus work out room/flexspace located next to enclosed patio! Perfect for the car enthusiast, a unique 4-CAR GARAGE configuration, with a 2-car garage attached to the front of the house AND an oversized 2-car garage at the back , including a large storage area on the side. Set on nearly 15, 000 sq ft of beautifully landscaped grounds, this home provides ample space for outdoor enjoyment! Located where Winter Park meets College Park, this home is ideally located near downtown Orlando and just minutes from Dubsdread Golf Course. Enjoy the convenience of being a short 20-30 minute drive to Universal Studios, Disney World, Rollins College and the University of Central Florida (UCF). Experience the finest in modern living with this exquisite property in Winter Park. Schedule your private tour today and make this dream home yours!

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1940
  • Garage: 4-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,834
  • Acreage: 0.34
  • Est. Taxes: $7,175
  • Elem. School: Princeton Elem
  • Middle School: College Park Middle
  • High School: Edgewater High
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: O6216744
  • Days on Market: 102 days
  • Website: https://www.raveis.com
    /eprop/O6216744/1223formosaavenue_winterpark_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 10/2/2024 3:00:33 AM)
Listing courtesy of KELLER WILLIAMS WINTER PARK   Phone: 407-545-6430

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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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1223 Formosa AVENUE, Winter Park, FL, 32789

$975,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.336% 6.348% 6.201%
Monthly Tax Payment $598 $598 $598
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,803 $4,803 $6,582
Total Monthly Payment $5,493 $5,493 $7,272

* 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.