Welcome to Deer Island, a stunning 400-acre natural paradise nestled between Lake Dora and Lake Beauclair. This charming 3-bedroom, 2-bathroom home invites you in with its bright, open layout. The gourmet kitchen, complete with granite countertops and stainless steel appliances, is perfect for cooking and entertaining. The living room, with its vaulted ceilings and sliding glass doors, leads to a screened-in porch where you can relax and enjoy the serene surroundings of your fenced-in backyard. The spacious primary suite is your own personal haven, featuring elegant tray ceilings and a splendid ensuite bathroom. A versatile dining room, currently used as an office, adds a touch of sophistication. With an oversized two-car garage, you'll have plenty of room for larger vehicles and extra storage. Just a short drive away, you'll discover the charm of historic downtown Mount Dora and Tavares, with their quaint shops, delightful restaurants, and year-round festivals. Plus, easy access to the 429 connects you to Orlando’s theme parks and the beautiful beaches of Florida’s east coast. Deer Island could be your next home—schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$397,999
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 | $318,399 | $318,399 | $318,399 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $358 | $358 | $358 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,172 | $2,116 | $2,685 |
Total Monthly Payment | $2,605 | $2,549 | $3,118 |
* 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.