11627 Magnolia AVENUE, Tavares, FL, 32778 | $314,900

Welcome to this EXCEPTIONAL waterfront retreat in Imperial Terrace, a prime 55+ community! FULLLY FURNISHED turnkey beauty. All you need is your suitcase! SELLER FINANCING AVAILABLE!! This stunning, recently remodeled home is perfectly situated on the canal, offering quick boat access to the Harris Chain of Lakes. Enjoy the ultimate Florida lifestyle with an array of activities and amenities including a community pool, shuffleboard, and numerous organized events, all for a remarkably low HOA fee of just $50/month—and YOU OWN THE LAND! As you arrive, you'll be greeted by an expansive parking area with a carport and two large storage rooms on either side. Inside, the home features stylish new coffered ceilings that complement the fresh paint throughout. The guest room is designed with practicality in mind, featuring four built-in closets and a desk area. The remodeled kitchen is a chef's delight, with granite countertops, new cabinetry with pull-out shelves, Stainless Steel Appliances and a spacious built-in pantry, not a detail was missed. The kitchen seamlessly overlooks the dining and living areas, which features stunning canal views. Additional living space includes a versatile Florida Room with beautiful canal views. Step outside to find a deck that leads to a paver pathway, taking you to the new dock and covered boathouse with a lift—perfect for the new boat available for purchase. Back inside, the primary bedroom features an en suite bathroom with a walk-in shower. The well-designed split floor plan also includes a guest bedroom with easy access to a full bathroom and laundry. Excitingly, seller financing is available, making this dream home even more accessible. New plumbing, newer windows, newer Electrical panel, AC mini split system 2022, partial newer roof (2017). Don’t miss this opportunity to live the Florida waterfront lifestyle you’ve always dreamed of!

Features

  • Amenities: Clubhouse, Pool
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 60 x 149
  • Laundry: Inside
  • Year Built: 1967
  • Garage: Covered, Golf Cart Parking
  • Heating: Zoned
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 1,312
  • Acreage: 0.21
  • Lot Size: 60 x 149
  • Est. Taxes: $1,873
  • HOA Fee: $50 Monthly
  • Lot Desc: Landscaped
  • View: Water
  • Adult Communities: Yes
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: G5085560
  • Days on Market: 106 days
  • Website: https://www.raveis.com
    /prop/G5085560/11627magnoliaavenue_tavares_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 12/24/2024 12:32:36 PM)
Listing courtesy of GARRISON REALTY GROUP LLC   Phone: 352-901-3415

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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11627 Magnolia AVENUE, Tavares, FL, 32778

$314,900

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 $251,920 $251,920 $251,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $156 $156 $156
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,740 $1,697 $2,143
Total Monthly Payment $1,971 $1,928 $2,374

* 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.