1116 Peninsular DRIVE, Lake Wales, FL, 33853 | $289,500

This LAKEFRONT property combines serenity with functionality, making it a perfect retreat. This property is a dream come true for someone looking to enjoy the sunrise and sunset water views over the lake while never leaving the comfort of their home! Perfect place for all fishing enthusiast! Lake Belle is a 39 acre private lake known for its excellent fishing! This home has been immaculately kept and offers excellent space for relaxing or entertaining! The primary bedroom has direct lake views! The on-suite bathroom which is of great size, features dual vanities and a tiled walk in shower. Great size indoor laundry room with storage space. The kitchen is open concept with island bar seating. Beautiful tile backsplash and deep farmhouse style sink. Open front porch for morning sunrise enjoyment as well as a large screened in porch on the side of the home which allows for unobstructed sunset views of the lake. This is the perfect space to entertain or relax with a beautiful waterfront view. The property features a 12 x 24 storage shed affixed on a concrete slab. The storage shed has a roll up door, 2 windows and a service door. It is also equipped with a workbench and electricity! There are three sets of double gates on the property as well, making launching a boat, storing recreational vehicles or toys easy and convenient. There is also a 50 amp plug in place if you have company coming to visit in their recreational vehicle! There is no HOA and you own the land! This is truly a remarkable property, one you do not want to miss calling your own. Call today to schedule a private showing!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 2019
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,442
  • Acreage: 0.28
  • Est. Taxes: $1,983
  • View: Water
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: P4931069
  • Days on Market: 118 days
  • Website: https://www.raveis.com
    /prop/P4931069/1116peninsulardrive_lakewales_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 11/21/2024 9:08:20 PM)
Listing courtesy of LOCKHART & ASSOCIATES INC   Phone: 863-293-1234

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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1116 Peninsular DRIVE, Lake Wales, FL, 33853

$289,500

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 $231,600 $231,600 $231,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $165 $165 $165
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,541 $1,539 $1,953
Total Monthly Payment $1,781 $1,779 $2,193

* 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.