Experience the perfect blend of comfort and convenience in this stunning 3-bedroom, 2-bathroom condominium located on the 3rd floor of the highly desirable, gated Summergate community. This beautifully updated unit offers a spacious and modern living space, making it an exceptional opportunity for home buyers. The seller is willing to consider buyer concessions and will cover the current assessment and condo dues through December 2025, adding even more value to this already appealing purchase. Step inside to discover renovated flooring, a well-appointed kitchen featuring solid wood cabinets, and a generous pantry. The split-bedroom floor plan ensures privacy, with a spacious master suite complete with a walk-in closet and an en-suite bathroom. Two additional guest bedrooms, a laundry room, and a large exterior closet provide ample space for comfortable living. The condo fees include high-speed internet, cable, water, and exterior and grounds maintenance, offering a truly maintenance-free lifestyle. Residents can enjoy a wide range of amenities, including a clubhouse, fitness center, car wash station, and a resort-style pool with a hot tub. Conveniently located near the Mall at Millenia, Universal Orlando Resort, a variety of dining options, and with easy access to I-4 and the Florida Turnpike, this condo is perfectly situated for both relaxation and entertainment. Don’t miss out on this incredible opportunity – make it yours today!
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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 | $203,600 | $203,600 | $203,600 |
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 | $304 | $304 | $304 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,355 | $1,338 | $1,717 |
Total Monthly Payment | $1,734 | $1,717 | $2,096 |
* 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.