This home allows for great flexibility as it can be used for Short -Term Rental, Long Term Rental or as a primary residence. It comes fully furnished and all appliances are included. *** NO CARPETS *** all bedrooms and loft area have been re-floored with vinyl plank. There are 4 en-suite bedrooms and the owner's suite downstairs have a private walkout into the large lanai and pool. Solterra Resort is a highly sought-after gated community nestled in the heart of Davenport, Florida, just a short drive from Orlando's most popular attractions. This premier resort community offers a perfect balance of luxury, relaxation, and recreational activities for residents and vacationers alike. The centerpiece of Solterra Resort is its expansive clubhouse, which serves as a hub of entertainment and socializing. Inside, residents and guests are greeted by a stylishly designed space featuring a welcoming lobby, comfortable seating areas, and a friendly staff. The clubhouse offers a range of amenities, including a state-of-the-art fitness center equipped with modern exercise equipment to cater to residents' health and wellness needs. The resort-style swimming pool at Solterra is a true oasis, complete with a beach entry, water slide, and a separate splash zone for the little ones. Whether you want to take a refreshing dip, lounge poolside, or soak in the sun on the spacious sundeck, the pool area provides a perfect setting for relaxation and fun. For those who enjoy staying active, Solterra Resort offers various recreational options. Play a round of tennis or basketball on the sports courts, challenge friends and family to a game of volleyball on the sandy court or burn off energy at the playground. The resort also features scenic walking trails, perfect for leisurely strolls or an early morning jog. Solterra Resort's prime location is a significant advantage for residents and vacationers. It is just a short drive away from Walt Disney World Resort, Universal Orlando Resort, and other popular theme parks, allowing easy access to endless entertainment options. Additionally, the resort is in close proximity to championship golf courses, shopping outlets, fine dining establishments, and natural attractions, making it a desirable destination for both residents and visitors. With its array of amenities, convenient location, and beautiful homes, Solterra Resort offers a luxurious and vibrant community for those seeking a year-round residence or a vacation home in the heart of Central Florida. If Room sizes, etc. are of importance please measure.
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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 | $447,996 | $447,996 | $447,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $565 | $565 | $565 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,056 | $2,978 | $3,811 |
Total Monthly Payment | $3,713 | $3,635 | $4,468 |
* 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.