48 Atlantic AVENUE, Babson Park, FL, 33827 | $277,888

Under Construction. ****BRAND NEW CONSTRUCTION COMPLETED-CERTIFICATE OF OCCUPANCY COMPLETED- NO CDD - Seller offers $5000, for a limited time, towards buyer concessions at time of closing. This home is built by DBR Construction, and this is their Axtin Model which features 3 bedrooms and 2 bathrooms with 1174sf under air and a total of 1656. The kitchen features Stainless Steel Appliances including, 26cf Refrigerator/Freezer with ice maker hookup, Microwave, Oven/Store, 36" raised panel cabinets with top cabinet crown molding and standard pull handles, stainless steel double bowl under mount sink, 1/2 HP garbage disposal. Primary bathroom features standard walk-in shower insert, 2nd bathroom is bathtub with wall insert, Luxury Vinyl Plank Floors in Bathrooms. The washer/dryer hookups are located in the garage. Countertops in the bathrooms are granite as well as the kitchen countertops. Short distance to the local USPS, Polk County Fire Rescue Station and US Highway 27 with restaurants and shopping. SELLER IS VERY MOTIVATED.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 60 x 128
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Style: Traditional
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,174
  • Acreage: 0.17
  • Lot Size: 60 x 128
  • Est. Taxes: $113
  • Lot Desc: Cleared
  • Elem. School: Ben Hill Griffin Elem
  • Middle School: Frostproof Middle Se
  • High School: Frostproof Middle - Senior High
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • MLS#: S5111551
  • Days on Market: 66 days
  • Website: https://www.raveis.com
    /prop/S5111551/48atlanticavenue_babsonpark_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 11/9/2024 11:47:10 AM)
Listing courtesy of MAVRIK REAL ESTATE LLC   Phone: 407-867-0826

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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

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48 Atlantic AVENUE, Babson Park, FL, 33827

$277,888

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 $222,310 $222,310 $222,310
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 7.551% 7.042% 6.160%
Monthly Tax Payment $9 $9 $9
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,479 $1,460 $1,875
Total Monthly Payment $1,563 $1,544 $1,959

* 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.