Charming 4 Bed, 3 Bath Pool and Spa Home in Exclusive Formosa Gardens Estates – Your Perfect Investment Opportunity!
Discover this stunning 4-bedroom, 3-bathroom home in the sought-after gated community of Formosa Gardens Estates, just minutes away from Disney and top attractions. Whether you’re looking for a dream home or a lucrative investment, this property is zoned for short-term rentals, making it an ideal choice for both families and investors.
Step into luxury with a west-facing, heated pool and spa, surrounded by a beautifully landscaped yard, screened deck area—perfect for
enjoying the warm Florida Evenings. The open-plan living spaces in this home, feature elegant French doors that seamlessly connect indoor and outdoor living, ideal for entertaining or relaxing by the pool.
The modern kitchen is a chef’s delight, boasting granite countertops, abundant storage, two pantries. Stainless Steel Gas Cooker and Dishwasher. Microwave, Fridge Freezer and Waste Disposal. Fans are installed throughout the property , ensuring comfort in the home. Open plan Sitting Room Family room and Dinning room gives the feeling of spaciousness. The primary bedroom is a true retreat, complete with an en-suite bathroom featuring a walk-in Jacuzzi tub, rain shower, double sinks, and an added sitting area with French doors leading directly to the pool deck.
Current owner has upgraded Electrics, AC System, tankless water heater, pool pump chlorination unit, exterior of property painted all in 2024
Roof 10 years old, upgraded Pella Windows.
Don’t miss your chance to own a piece of paradise in this exclusive community!
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:
$560,000
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 | $448,000 | $448,000 | $448,000 |
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 | $515 | $515 | $515 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,094 | $3,018 | $3,811 |
Total Monthly Payment | $3,701 | $3,625 | $4,418 |
* 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.