Top Floor view with this updated 2 bedroom, 2 bathroom condo in the Metropolitan Condo at Lake Eola - No upstairs neighbors, and placed at the end of the hall this unit has no traffic past its door. The association fees cover: sewer, trash and water are provided through the community association. Additionally, this unit comes with TWO reserved parking spaces in a gated garage with ample street parking for guests. This freshly renovated condo has a variety of upgrades including stainless steel appliances, granite countertops, white shaker-style cabinetry and a refreshing subway-tile backsplash in the kitchen. This unit also has a washer/dryer in the unit. . Living room has floor to ceiling windows which create a perfect view out into the city and the lake Eola. Newly installed ceramic wood-look tile flows throughout the home. From both the living room and bedrooms, enjoy top-floor water views of Lake Eola and the surrounding Downtown Orlando area. The Metropolitan has many recreational facilities and amenities including a fitness center, multiple lounge areas, a dining area with a bar, a community laundry facility, and a rooftop pool with a wet bar. Take the elevator down and enjoy a short walk to partake in everything that Downtown Orlando has to offer including a variety of restaurants, breweries, coffee shops, the Lake Eola Farmers' Market, the Dr. Phillips Center for the Performing Arts. This home will provide you with a great opportunity to break into the Downtown lifestyle at an affordable price.
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Our Executive Mortgage Banker:
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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 | $223,920 | $223,920 | $223,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $173 | $173 | $173 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,490 | $1,471 | $1,888 |
Total Monthly Payment | $1,738 | $1,719 | $2,136 |
* 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.