Rare Find ground floor lakefront 2/1 Condo on Lake Okeechobee corner unit with easy access to the pool – An Investor's Dream! Welcome to your opportunity to own a piece of paradise on Lake Okeechobee. This 2-bedroom, 1-bathroom condo is not just a home; it's an investment in a lifestyle of leisure and lakefront living. New HVAC unit, and easy-to-maintain ceramic flooring. The modern upgrades provide a contemporary and inviting atmosphere. Serene Screened Porch: Enjoy your morning coffee or evening sunsets in the spacious screened-in porch, offering peaceful views of the lush surroundings. Amenities Galore: The complex boasts an array of amenities, including a community pool for cooling off on hot Florida days, tennis courts for active recreation, and boat storage to protect your watercraft. A basketball court and boat ramp make it easy to embrace the lake lifestyle, and a private boat dock ensures your vessel is secure. Convenience: This condo comes with a dedicated parking space, providing easy access to your new home. The property is immaculately maintained, and the complex is known for its pristine condition. Natural Beauty: Towering oak trees provide shade and a park-like setting, enhancing the beauty and tranquility of this location. Financial Perks: Monthly dues cover water, sewer, lawn maintenance, and building insurance, simplifying your financial obligations. Currently tenant occupied, this unit generates income, making it an attractive investment opportunity. Location: Nestled on the shores of Lake Okeechobee, this condo offers not only a comfortable home but also a gateway to countless outdoor adventures. Boating, fishing, and water sports are at your doorstep, and the serene lake views are a daily delight. Don't miss this chance to own a beautifully renovated condo in a prime location, whether for personal enjoyment or as a lucrative income property. The lifestyle you've been dreaming of awaits – inquire today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$215,000
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 | $172,000 | $172,000 | $172,000 |
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 | $128 | $128 | $128 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,188 | $1,159 | $1,463 |
Total Monthly Payment | $1,391 | $1,362 | $1,666 |
* 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.