Welcome Home to Beautiful Spring Lake! Step into this spacious three-bedroom, two-bathroom gem in the heart of vibrant Orlando. With its adaptable layout, this home offers a unique twist: a brand-new barn door that allows you to create a private in-law suite or rental space with its own bedroom and bathroom or keep the entire space for yourself. Step into this beautifully designed home, where abundant natural light floods every corner, creating a warm and inviting atmosphere. The main living area exudes charm with its cozy brick-surround fireplace, perfect for relaxing evenings. Just steps away, an open kitchen awaits, complete with stainless steel appliances and plenty of counter space, leading to a delightful dining area ideal for entertaining. This residence features a spacious second living area that can adapt to your lifestyle, offering direct access to a charming, fenced backyard—a perfect retreat for enjoying Florida’s sunny days. The expansive owner’s suite offers a serene escape, with a generous walk-in closet and a luxurious en-suite bath featuring a stylish tiled shower and tub. A unique barn door adds both privacy and versatility to the layout, making it easy to transform one side of the home into a separate living area. This space includes two additional bedrooms and a bath, providing an ideal setup for guests or short- and long-term rentals. One of these bedrooms boasts a walk-in closet and en-suite bath with a sleek glass-enclosed shower, while the other bedroom offers the flexibility to add a kitchenette if desired. Whether you envision this as a family haven or a flexible rental property, this home is designed to meet diverse needs with style and functionality, offering a perfect blend of comfort, convenience, and charm. A new roof from 2023 and a 2017 A/C unit with Nest thermostat keeps the home comfortable during those warm Florida summers. Location is everything here! You’re just five minutes from downtown, where a world of dining, nightlife, and entertainment awaits. Explore the Dr. Phillips Performing Arts Center, the Amway Center, Orlando City Soccer Stadium, and so much more. With easy access to I-4 and the 408, you’re perfectly positioned for day trips to theme parks and Florida’s stunning east and west coast beaches. Outdoor enthusiasts will love being within walking distance of Lake Adair and Lake Ivanhoe, and minutes from the lively neighborhoods of College Park, Ivanhoe Village, and the new Packing District. Don’t miss the opportunity to make this centrally located home your own. Come see it today!
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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 | $303,200 | $303,200 | $303,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $175 | $175 | $175 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,068 | $2,015 | $2,600 |
Total Monthly Payment | $2,318 | $2,265 | $2,850 |
* 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.