Under contract-accepting backup offers. **PRICE IMPROVEMENT** Nestled within the distinguished Bay Hill Village, this newly renovated unit is move-in ready and features a high-end metal shake roof. The ideally located, renowned gated community offers the perfect blend of luxury and comfort. The bright, airy, eat-in kitchen sparkles with quartz countertops, shaker-style cabinets, and a breakfast bar overlooking the private courtyard. The expansive butler's pantry boasts ample storage and beautiful ceramic tile floors. The property's open floor plan is ideal for entertaining, with a hidden wet bar for the hospitality-minded host! Cozy up by the wood-burning fireplace on chilly evenings and enjoy the privacy of a private, brick-paved courtyard. Two double French doors lead to a serene backdrop, allowing for floods of natural light and Florida sunshine. The primary bedroom is a true owner's retreat, complete with his/her walk-in custom closets, luxury vinyl plank flooring, soaking tub and double vanity ensuite. Additional guest rooms are conjoined with a smart Jack-and-Jill bathroom and also provide abundant natural light and excellent closet storage. A convenient indoor laundry room just off the two-car garage provides added functionality. Newer features include a water heater (2021) and a high-end metal shake roof (2018). Designed to look like wood cedar shakes, this roof offers both beautiful architectural style and superior performance. Metal roofs have longer lifespans than shingle roofs and lower your energy costs. The community itself offers a wide range of amenities to suit every lifestyle. Stay active with pickleball and tennis courts or maintain your fitness goals at the well-equipped gym. The clubhouse provides a welcoming space for socializing with neighbors. The HOA covers internet, cable, and front lawn maintenance. The coveted Bay Hill location offers prestige and unparalleled convenience. Just minutes from Universal Studios Orlando, Restaurant Row, Volcano Bay, shopping, and much more. Just 20 minutes to the Orlando International Airport, Disney, and downtown Orlando. Be part of a larger community that includes one of the world's most iconic golf courses: Arnold Palmer's Bay Hill Club and Lodge, a private golf resort and home to The Arnold Palmer Invitational (on the PGA Tour since 1979). Private membership to Arnold Palmer's Bay Hill provides many amenities, including golf, tennis, pickleball, a fitness center, a pool, marina on Lake Butler Chain of Lakes, dining rooms, lounges, meeting and banquet facilities, and numerous social and recreational events.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,920 | $679,920 | $679,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $645 | $645 | $645 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,354 | $4,354 | $5,970 |
Total Monthly Payment | $5,091 | $5,091 | $6,707 |
* 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.