This is an exceptional, luxury condo boasting unobstructed views of the well-manicured grounds, and it's a rare find that won't remain on the market for long. Nestled within the peaceful, gated community of Arbor Lakes in Sanford in the highly desirable area nearby to Lake Mary, this second floor condo features two bedrooms and two bathrooms, encompassing 1, 100 + square feet of living space, all conveniently situated on the first floor. Upon entering the secured gated entry, you'll discover this first-floor gem discreetly tucked away at the rear of the community, providing a serene sense of privacy. The interior welcomes you with an open-concept family room showcasing a neutral palette and crown molding and stunning natural tone laminate wood flooring. The family room seamlessly connects to the gourmet, galley kitchen, which has been thoughtfully remodeled and features white modern cabinetry, Solid surface countertops with a serving bar, double stainless-steel sink, and a complete appliance package. The master suite is a secluded retreat from the secondary bedroom, offering spacious accommodations and windows which let the natural light flow throughout. The sumptuous bath has a double vanity with white marble countertops and its private bath adorned in soothing neutral tones. One of the standout features is the French door leading to the screened-in lanai, where you can relish in entertaining and savor tranquil sunsets. Additionally, there's a private laundry room, which is a convenient bonus. The condo has been meticulously maintained by the seller and is now looking for someone to cherish it as he has. The community offers a plethora of amenities, including a sparkling pool, a fitness center, a fishing pier, tot lot, barbeque area, and a welcoming clubhouse. The community features lakes throughout the area adds to the appeal. Furthermore, the condo is ideally located and is zoned for exemplary-rated Seminole County Schools, including the highly regarded Lake Mary school system. This is a rare opportunity to enjoy luxury living in a serene yet vibrant community setting. This attractive community of Arbor Lakes features include a gym, private pool, playground, tennis court, indoor basketball court, media center, business center with conference room and billiards. Ideally located near major highways, Colonial Town Center, The Sun Rail, downtown Lake Mary and many golf courses. This is the perfect place to call home.
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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 | $197,360 | $197,360 | $197,360 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,313 | $1,312 | $1,664 |
Total Monthly Payment | $1,605 | $1,604 | $1,956 |
* 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.