5023 Abaco DRIVE, Tavares, FL, 32778 | $325,000

Charming Home with Pond View in Groves at Bay Tree. Welcome to your dream home in the stunning Groves at Bay Tree! Nestled on an oversized lot with serene pond views, this exquisite three-bedroom, two-bathroom residence offers the perfect blend of comfort and luxury.
As you enter, you'll be greeted by an open-concept layout that boasts high volume ceilings and elegant fixtures that elevate the space. Beautiful laminate flooring flows seamlessly throughout the living areas. The well-equipped kitchen is a culinary delight, featuring ample custom cabinetry and generous counter space, ideal for meal prep and entertaining. The breakfast bar adds a casual dining option, while a utility closet with room for a full-size washer and dryer enhances convenience. The kitchen overlooks an expansive living area that easily accommodates full-sized furniture, making it a perfect spot for gatherings with friends and family. Sliding glass doors lead you to a screened and covered lanai, where you can enjoy stunning views of your large backyard while sipping your morning coffee or hosting weekend barbecues. Retreat to the spacious master bedroom, which comfortably fits a king-sized bedroom set and features a magnificent bay window that provides beautiful views of the backyard. The master bathroom is complete with a dual sink vanity, a large walk-in closet, and an oversized step-in shower. On the opposite side of the home, two more generously sized bedrooms share a second bath, ensuring ample space for family or guests. One of the standout features of this property is the dedicated greenbelt behind the home, ensuring you’ll enjoy privacy and tranquility without any rear neighbors. The Groves at Bay Tree community is brimming with amenities just seconds away. Enjoy the resort-style pool, playground, full-size gym, and dedicated workout room. An indoor basketball court and multiple parks, nature trails, a skate park, and recreation center with baseball and football fields provide endless opportunities for outdoor activities and relaxation. Convenience is key, with Publix, shopping malls, and restaurants just a few minute’s drive away, along with easy access to the turnpike and major interstates for a smooth commute. Plus, the recent introduction of the Lake Tech College Aeronautical School adds to the community’s appeal, catering to your educational and career aspirations. This remarkable home truly has everything you’re looking for! Don't miss out on this incredible opportunity – schedule your showing today!

Features

  • Amenities: Fitness Center, Park, Playground, Recreation Facilities
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 2001
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,627
  • Acreage: 0.19
  • Est. Taxes: $2,757
  • HOA Fee: $66 Monthly
  • Lot Desc: Greenbelt, City Lot, Sidewalk
  • View: Park/Greenbelt, Water
  • Elem. School: Tavares Elem
  • Middle School: Tavares Middle
  • High School: Tavares High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • MLS#: TB8310986
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8310986/5023abacodrive_tavares_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 10/17/2024 11:54:27 PM)
Listing courtesy of DALTON WADE INC   Phone: 888-668-8283

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5023 Abaco DRIVE, Tavares, FL, 32778

$325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.681% 6.678% 6.034%
Monthly Tax Payment $230 $230 $230
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,774 $1,642 $2,159
Total Monthly Payment $2,079 $1,947 $2,464

* 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.