700 Melrose Ave J 1 AVENUE, #J1, Winter Park, FL, 32789 | $395,000

Beautifully updated 2-bedroom, 2-bath condo in the highly sought-after Winter Park Gardens community. This unit boasts numerous upgrades, including brand-new plumbing, a tankless water heater, resealed windows, recessed lighting, and ceiling fans. The entire condo features stylish wood-look TILE flooring, and the open, modern kitchen showcases solid wood cabinets with pull-out shelving, glass display cabinets, and granite countertops. Both bathrooms have been tastefully updated, and ample storage is provided by spacious closets with built-in organizers. The secondary bedroom includes a built-in queen-size Murphy bed for optimal space and functionality. Winter Park Gardens is a vibrant 55+ community that welcomes younger owners and is within walking distance of Winter Park's top attractions like Mead Gardens, Rollins College, and Park Avenue. The serene, park-like grounds feature a pool and pond, making this property a must-see to truly appreciate its charm and amenities.

Features

  • Elevator: Y
  • Heating: Other
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Clubhouse, Elevator(s), Laundry, Pool
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: WINTER PARK GARDENS CONDO
  • Year Built: 1964
  • Common Charge: $598 Monthly
  • Approx Sq. Feet: 1,074
  • Acreage: 0.09
  • Est. Taxes: $3,550
  • View: Garden, Pool
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • MLS#: O6238852
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /prop/O6238852/700melroseavej1avenue_winterpark_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 12/23/2024 11:47:07 AM)
Listing courtesy of FANNIE HILLMAN & ASSOCIATES   Phone: 407-644-1234

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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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700 Melrose Ave J 1 AVENUE, #J1, Winter Park, FL, 32789

$395,000

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 $316,000 $316,000 $316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $296 $296 $296
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,129 $2,100 $2,665
Total Monthly Payment $2,500 $2,471 $3,036

* 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.