Under Construction. City Place Live+Work+Play Townhomes are located in the walkable, mixed-use community of “Oviedo on the Park” in Oviedo, FL. City Place boasts rich Coastal Contemporary exterior architectural design complimenting an Upscale Urban Lifestyle. The interior layout and decor are Luxurious, Creative, and Current yet provide a Practical, Functional and Efficient use of space and housing dollars in a Modern Open Floor Plan.
Oviedo, FL was recently awarded the title of “One of the Best Cities to Live”. It’s located near downtown Orlando and all famous attractions. It’s within 3 miles of the University of Central Florida, one of the largest public university campuses in the US, it’s a hub of science and technology, and yet Oviedo proudly maintains its “Hometown USA” identity and feel.
City Place is being built directly across the street from The Food Factory and The Factory Bar, a new upscale food hall in a 14, 500sf venue with “fast, fine dining” provided by 8 artisan chef inspired micro restaurants that are sure to be the highlight of Oviedo on the Park!
City Place is the equivalent of buying 3 properties in 1 purchase…
LIVE a Spectacular Lifestyle in your 2, 148sf two story Luxury Townhome with a Spacious 2nd floor Great Room, Overlook Balcony, Gourmet Island Kitchen with Pantry, Large Dining Area & convenient Guest Powder Room. The 3rd Floor delivers big with a Spacious Master Suite with Glamour Bath, Large Walk-In Closet and finishes with 2 Guest Bedrooms, Full Guest Bath and Full-Sized Laundry Room. A Private Courtyard and Oversized 2 Car Garage complete this extraordinary design! Entertaining guests? Don’t want to cook? Order “Room Service” from The Food Factory’s 8 micro restaurants and fine dining delivery comes right to your front door! Rent the Office/Retail & Guest House and watch your monthly housing cost evaporate!
WORK a Spectacular Business Lifestyle in your private, separated, 1ST floor 700sf Office/Retail storefront open to the public and yet completely void of all the distractions that come with working from home! Or, lease this incredible space and provide opportunity to some deserving business while improving your neighborhood AND reducing your cost of living from the income provided! The Food Factory “Room Service” also delivers to the City Place businesses so that you can "WOW" your clients & staff!
Learn to PLAY again while your 1 Bedroom Guest House generates rental income that significantly reduces your housing expense! Or, maybe it houses your college student, or stands ready as “a safe place to land” or “an open invitation” to family members you miss! Your Guest House residents will also live in style because “Room Service” delivery to their door is available to them as well!
City Place… to an Owner-Resident…is Extraordinary Living and an Incredible Lifestyle.
City Place…to the Wise… is an Investment!!! The 3 Rental Components are designed to provide years of Reliable Income Streams!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,025,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $820,000 | $820,000 | $820,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $93 | $93 | $93 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,319 | $5,251 | $7,200 |
Total Monthly Payment | $5,537 | $5,469 | $7,418 |
* 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.