Under contract-accepting backup offers. ATTENTION: Hurricane Milton didn't touch this mammoth masonry structure ! Don't miss this rare opportunity to own a prime example of Streamline Moderne architecture that emerged during the Art Deco era in the 1930s. This is a must-see property located in the desirable Clermont Heights Neighborhood, within Clermont’s historic district. This gem offers no HOA, an oversized lot, tons of privacy and storage, fruit trees, and great views of Lake Minnehaha. Move in ready with fresh interior and exterior paint, modern plumbing and electric, updated kitchen and baths. As you enter the home, you will find a big, bright combined living and dining room with a large fireplace. The adjacent kitchen presents a clean, bright, and practical design. Two bedrooms, a laundry room and a full bath complete the main floor living space. Upstairs is your dream master suite, featuring two additional tandem rooms, a walk-in closet, and a well-appointed bath. This unique suite provides the perfect space for the Master bedroom plus a nursery, home office, home gym, theater room, bedroom, etc. From the second story suite, follow the curved staircase up to the third level to experience the roof top deck. This 24 ft X 24 ft rooftop hideaway offers open air, panoramic views of the lake and features a brand-new commercial style, tar & gravel (BUR) roof. There is plenty of storage with the garage off the kitchen and a daylight, walk out basement below. Need more? Seamlessly matching the original Streamline Moderne design, the owners have commissioned a full set of engineered plans for a detached, oversized, 2-car garage with an above guest apartment / in-law suite, plans to convert the existing garage into additional bedroom space and adding a main level deck off the back of the home. Clermont’s nickname is Choice of Champions® for good reason. Clermont is home to: the internationally known National Training Center (where numerous Olympic Medalists have trained), Lake Sumter State College, the Clermont Arts and Recreation Center (enjoy theater, gymnasium, meeting space, community pool), the South Lake Fitness Trail, the Clermont Chain of Lakes (famous for boating and world class fishing), Lake Louisa State Park, Clermont’s Waterfront Park, 5 Golf Courses, an annual Collegiate Fast Pitch Softball Tournament, triathlons, dragon boat rowing, dog parks, the South Lake Hospital, bird watching and more. Historic Downtown Clermont is a vibrant place with year-round activities: farmers market, on-site breweries, waterfront restaurants, antique shops, galleries and many cultural events. Future plans for Clermont include the Olympus Sports Complex which will have an ice rink, trail system, amphitheater, hotel, shopping and living spaces. Commuting or travelling? Easily access Tampa and Orlando via the Florida Turnpike, State Road 50 and US 27 (North-South) where attractions and employment opportunities abound. A short commute to Orlando and Tampa attractions. Like the beach? It’s less than two hours from either the Atlantic or Gulf coasts. See rocket launches from the Kennedy Space Center, cruise from Port Canaveral or Port of Tampa, fly from Orlando International or Tampa International Airport.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$499,900
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 | $399,920 | $399,920 | $399,920 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,658 | $3,429 |
Total Monthly Payment | $3,003 | $3,000 | $3,771 |
* 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.