THIS IS A GREAT OPPORTUNITY. . . . . for affordable, maintenance friendly living!! Perfectly located on the second floor in the nice, private back corner unit of the Barcelona building in the Orchid Springs neighborhood. Here, you'll enjoy window views and plenty of natural light on three sides, which can provide amazing air flow many months of the year. This is NOT a 55+ restricted building. There is only one very low association/management fee of $271. 90/month. Move-in ready and one of a kind, the new owner is sure to enjoy the many recent improvements, including: all new non-popcorn ceilings, vinyl plank flooring & neutral sandstone painting throughout. The kitchen is full sized (not narrow galley style), with newly freshened cabinetry & new acoustic ceiling, sporting 17 cabinets & 10 drawers, as well as a floor to ceiling pantry for even more storage. An inviting foyer opens to an enormous Great Room/Dining combination, providing plenty of space and flexibility for arranging your furnishings. The primary bedroom at 12x15 easily accommodates a king bed, boasts a spacious walk-in closet with solid shelving, and has a private en suite bathroom featuring a tub/shower combination with new vanity & light fixture. Your second bedroom is located adjacent to the second full bathroom, which features a seated shower, new vanity, & new light fixture. Gorgeous second floor with three-sided views set this unit apart from all others! The vinyl plank flooring & neutral sandstone paint throughout the condo provide the perfect canvas for your own personal touches. The stairway and your assigned parking spot are just steps from this unit, and the laundry and mailboxes are nearby. Walking the community is a favorite practice of many residents and an opportunity to enjoy the lush vegetation and gardens throughout! The HOA fees cover the building maintenance exterior, grounds maintenance, lawncare, parking lot, laundry and mailroom, common gas heaters, tree care, water, sewer, trash disposal, gas for heating/cooking if desired, and management company fees, etc. Located in beautiful southeast Winter Haven, just a few minutes from Legoland, close to shopping, restaurants, and numerous parks & fresh water lakes. Orchid Springs is highly regarded as a place to call home!! Situated between Tampa and Orlando, the location makes for an easy commute to any destination in central Florida. This is one of only eight units currently available as a rental in the Barcelona Building. THIS CONDOMINIUM UNIT IS NOT SUBJECT TO THE RECENT FLORIDA STATUTE REQUIRING 30 YEAR AND OLDER, 3-STORY PLUS HIGH RISE CONDOMINIUMS TO HAVE MANDATORY ENGINEERING INSPECTIONS AND ASSOCIATED CAPITAL RESERVE ACCOUNTS IN ORDER BY YEAR-END. NO DRAMA HERE!
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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 | $110,000 | $110,000 | $110,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $70 | $70 | $70 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $732 | $731 | $928 |
Total Monthly Payment | $877 | $876 | $1,073 |
* 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.