Waterfront Retreat with Canal Access to Lake Pierce! Discover the perfect getaway at 3718 Adell Road, a charming 2-bedroom, 2-bath home nestled on a serene canal that leads directly to Lake Pierce. This property offers a wonderful blend of comfortable living and outdoor adventure, making it ideal for those who love water activities and peaceful surroundings. Inside, you’ll find an open-concept kitchen and living room, with pine tongue and groove wood ceilings throughout, perfect for entertaining, with stainless steel appliances adding a modern touch to the space. Master bedroom has walk-in closet/ office and a full bath with exit door. Step outside to the screened lanai, where an outdoor kitchen awaits, making it easy to enjoy Florida’s warm evenings and picturesque views. The home also includes a covered carport for one vehicle, a concrete seawall along the canal, and a boathouse for easy access to the water. Attached to the boathouse is a storage shop room that houses the laundry area, providing extra space for tools and equipment. The back yard is fully fenced and is low maintenance lanscaped. Perfect starter or retirement home. Metal roof. Beyond the comforts of home, Lake Wales offers a vibrant community and a variety of attractions. You’re just a short drive from Bok Tower Gardens, where you can explore lush gardens and enjoy beautiful views. Legoland Florida is also nearby, providing family-friendly fun. Whether you’re into fishing, boating, or exploring Central Florida’s hidden gems, this home has it all.
Don’t miss your chance to own this waterfront property and live the Florida lifestyle!
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Our Executive Mortgage Banker:
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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 | $191,920 | $191,920 | $191,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $222 | $222 | $222 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,326 | $1,293 | $1,633 |
Total Monthly Payment | $1,623 | $1,590 | $1,930 |
* 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.