Located in the active and tidy 55+ community of Palm Lake Estates, this charming 2 bedroom, 2 bathroom home presents a remarkable opportunity for buyers seeking a vibrant lifestyle. Just steps away from the community’s clubhouse, swimming pool, and shuffleboard courts, the home comes turnkey furnished. The welcoming Florida room includes office space and a dining area ideal for leisure activities like card games.
The home has undergone some upgrades since 2019, enhancing its comfort and aesthetics. These include the installation of new sub-floors, stylish luxury vinyl plank flooring, updated AC ductwork, a new glass cooktop, and a contemporary refrigerator. An advanced wall-mounted Rabbit Air Purifier has also been added for improved air quality. The air conditioning compressor was newly replaced in August 2023, ensuring efficient cooling.
The expansive master bedroom boasts plentiful closet space and an attached large bathroom. Laundry facilities are conveniently housed in a shed accessible directly from the master bedroom, providing easy access without the need to go outdoors. The property also features a long carport, and an additional storage shed. With a robust metal roof, the home is low-maintenance and durable. YOU OWN THE LAND.
Situated just a few minutes from local shopping, restaurants, beaches, and lively downtown activities by the river, this home is perfectly placed for entertainment and daily needs. With low HOA fees, which include Cable TV, community pool access, internet, and utilities like sewer, trash, and water, this home is not only ideally located but also economically advantageous.
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $128 | $128 | $128 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $862 | $851 | $1,079 |
Total Monthly Payment | $1,065 | $1,054 | $1,282 |
* 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.