Excellence and convenience in Fla Paradise! Iconic Lake Maitland Terrace is the Mid-Century Miami vibe condo community on Lake Maitland. Exceptional 2 bd 1. 5 bath that has been renovated with all designer touches. Top Floor, corner unit, oversized screened in porch. Spacious with 8' ceilings and doors. Gorgeous counter height quartz eating area. Everything is open from the kitchen to the living area. Very light and airy with natural wood look tiled floors throughout. All cabinets with iron hardware in the kitchen and both bathrooms. Primary bedroom has a large 1/2 bath with a big walk-in closet, a built-in dresser of drawers and organized hanging compartments. The 2nd bedroom can be utilized as an office or guest bedroom with a built in Murphy bed. The full bathroom ensures functionality with the same modern fixtures consistent. Close to Eden Bar and Enzian theater, Lukes, Antonio's, Francesco's, the Shoppes at Maitland and festive Lake Lily. This condo is turn-key ready. The pool, clubhouse, shuffleboard and beautiful lawn areas overlook the boat dock and Lake Maitland. The condo is without the furniture that is shown in the pictures.
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Our Executive Mortgage Banker:
Our Insurance Division:
$370,000
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 | $296,000 | $296,000 | $296,000 |
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 | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,994 | $1,967 | $2,496 |
Total Monthly Payment | $2,306 | $2,279 | $2,808 |
* 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.