1638 Frances DRIVE, Apopka, FL, 32703 | $510,000

Welcome to a beautifully renovated retreat nestled on a . 46-acre corner lot overlooking the serene waters of Bear Lake. This home has been transformed into a spacious 4-bedroom, 2-bathroom sanctuary complete with an office and a dining room. Enjoy stunning, unobstructed views of Bear Lake facing the association's picnic area on the lake. Extensively renovated down to the studs, this home boasts the following BRAND-NEW FEATURES: A/C handler, A/C unit, A/C ductwork, plumbing, electrical system, electrical box, tankless water heater, and a NEWER Roof (2023). This home was created and designed for the ultimate in family engagement and entertainment in mind. Featuring an open concept that leaves everything at your fingertips. The HUGE Island Kitchen sets the stage for a thoughtfully RENOVATED experience to enjoy your New Wine Fridge, New Oven, New Refrigerator, New Dishwasher, New Granite Composite Sink, All New Windows, All New Doors, All New Closet Doors, All New Exterior and ALL New Interior Paint. Upgrades Include: Quartz Countertop, Solid Wood Construction Shaker Cabinets with Soft Close Doors & Drawers throughout, Chef’s Kitchen, Dual Zone Climate Control Wine Fridge, Stainless Steel Appliances, Recessed LED Lighting throughout, Porcelain Tile in Bathrooms, & Luxury Vinyl Flooring throughout the entire home. Enhancements include a new 4th bedroom, a new dining room, and a new office, providing ample room for work and relaxation. The immense potential this home provides, situated just one street away from multimillion-dollar Bear Lake front properties, offers exceptional value at a fraction of the cost. The property also offers the flexibility to expand further by possibly adding a pool and/or mother-in-law suite onto the huge backyard. The possibilites are endless in this FUN LAKE HOUSE with the amazingly convenient distance of just a . 1 mile to the private Bear Lake boat ramp, accessible for a nominal annual fee of $130, is perfect for water enthusiasts & Lake Life seekers! This meticulously renovated home combines modern comforts with prime lakefront living, presenting a rare opportunity to own a piece of tranquility in sought-after Seminole County.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
  • Year Built: 1961
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,662
  • Acreage: 0.47
  • Est. Taxes: $1,174
  • HOA Fee: $130 Annually
  • Lot Desc: Corner Lot, Oversized Lot
  • Elem. School: Bear Lake Elementary
  • Middle School: Teague Middle
  • High School: Lake Brantley High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • MLS#: O6216090
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/O6216090/1638francesdrive_apopka_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 7/2/2024 2:17:09 PM)
Listing courtesy of UNITED REAL ESTATE PREFERRED   Phone: 407-243-8840

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1638 Frances DRIVE, Apopka, FL, 32703

$510,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $408,000 $408,000 $408,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.282% 6.623%
Monthly Tax Payment $98 $98 $98
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,749 $2,749 $3,526
Total Monthly Payment $2,939 $2,939 $3,716

* 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.