Attention INVESTORS!! This unit is rented until October 2025!! Immediate income in the vibrant Lexington Place Condo community! This charming one-bedroom, one-bathroom unit spans 754 sq. ft. and is designed for both comfort and convenience. Step into an open floor plan featuring sleek ceramic tile and brand-new carpet. The living space flows seamlessly into a well-equipped kitchen complete with modern appliances: cooktop, dishwasher, disposal, microwave, brand new refrigerator, and in-unit washer and dryer.
The spacious bedroom boasts a walk-in closet, and a full-size laundry room perfect for all your storage needs. Central heating and cooling systems replaced in 2022, and ceiling fans. Enjoy mornings on your private balcony with sliding doors that let in abundant natural light. Unit is located in front of the clubhouse and pool area.
This property, built in 1989, is not only cozy but offers great amenities including a clubhouse, fitness center, and pool Situated in a gated community (no guard), the condo provides security and peace of mind. The location is the best! Walking distance to Sea World, and in the middle of all the Orlando attractions, built in the middle of a major hotel area, Orlando Hospital, and one of the biggest Outlet centers in Orlando, Premium Outlet. As a rental investment, you can't find a better location.
Don't miss the opportunity to purchase in a well-maintained community that’s close to local conveniences while offering a serene residential lifestyle. Show by appointment only.
Ready to experience comfort and community? Schedule your viewing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$185,000
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 | $148,000 | $148,000 | $148,000 |
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 | $171 | $171 | $171 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,022 | $997 | $1,259 |
Total Monthly Payment | $1,268 | $1,243 | $1,505 |
* 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.