***FABULOUS MARGARITAVILLE RESORT***FANTASTIC RENTAL OR VACATION HOME*** OWN ONE OF THE BEST LEASING FLOORPLANS with a DOWNSTAIRS Bedroom and BATH*** Your opportunity to own a TROPICAL COTTAGE OASIS in Margaritaville Resort Orlando! Enjoy 5 O'clock somewhere everyday!!! The property is perfect as a Primary Residence or use it as an INVESTMENT / VACATION home and be part of the Margaritaville Rental program! The spacious cottage offers 2 Bedrooms/2 Bathrooms and is a short walk or bike ride to all the amenities that Margaritaville Resort has to offer! ALL FURNITURE AND HOUSEWARES INCLUDED IN LIST PRICE! (The furnishings/Housewares are a $15, 000 - $20, 000 value). Wonderful Key West style furnishings. This Awesome property offers two Primary suites with bathrooms, one on the First Floor with Access to the Outdoor Patio! Second Floor En Suite Bedroom has a King Size Bed, Private Bathroom with a Tub/Shower Combo and a Private Balcony with Seating Area. Upon arriving to the property guests will enjoy the quaint Covered Front Porch, Ceiling Fans, Upgraded Appliances, QUARTZ Countertops and 'Wood' Tile Flooring. Full size Washer and Dryer on First Floor. Backyard has Paved Patio with Table, Chairs. The Turnkey Furniture Package Includes Blinds, Drapes, TVs, Artwork, Kitchen Necessities, Dishes/Glasses, Linens and SO MUCH MORE! A one of a Kind Resort with Multiple Pools, Gym, On-Site Water Park, Sunset Walk Restaurants, Bars, Live Music, Retail and More! MINUTES FROM ALL ORLANDO HAS TO OFFER INCLUDING DISNEY PARKS, UNIVERSAL ORLANDO, SEA WORLD AND THE UP AND COMING EPIC UNIVERSE! Come LIVE, VACATION and INVEST in PARADISE and MARGARITAVILLE!!! If you choose to stay with the same rental company, there are reservations on the books for 2024 and 2025, Or if you want as your primary the bookings can be moved. Schedule a showing today!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$479,900
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 | $383,920 | $383,920 | $383,920 |
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 | $791 | $791 | $791 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,652 | $2,587 | $3,266 |
Total Monthly Payment | $3,518 | $3,453 | $4,132 |
* 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.