Welcome to 1442 Palm Ave, a stunning pool home nestled in Winter Park, Fl. This exquisite property offers a rent-to-own option, and a purchase option. This property also boasts a main house featuring four spacious bedrooms, offering ample space for families and guests alike. In addition to the main residence, you'll find a charming 650-square-foot guest apartment situated above the detached garage. This fully equipped space includes a cozy bedroom, a full bathroom, a complete kitchen, a comfortable living area, a walk-in closet, and a convenient laundry/storage room with a washer and dryer. The main house is designed with an inviting open floor plan, highlighted by tall ceilings and beautiful hardwood flooring throughout. On the upper level, you will discover a luxurious master suite, two additional bedrooms, three bathrooms, and a laundry area equipped with a washer and dryer, along with a versatile bonus room. Step outside to the backyard oasis, which features a private pool area perfect for relaxing and entertaining. On the first floor of the main house, you'll discover a beautifully designed sitting area that invites relaxation and conversation. Adjacent to this space is a versatile den that can easily function as a bedroom, providing added flexibility for guests or family members. The stunning updated kitchen is the centerpiece of this floor, featuring modern appliances and stylish finishes that make it a joy to cook and entertain in. This combination of elegant spaces adds to the home's charm and functionality, making it perfect for both daily living and special gatherings. . The home is ideally located on a picturesque brick street, providing easy access to Park Avenue's finest restaurants and shops, the Winter Park YMCA, Interlachen Country Club, Winter Park Racquetball Club, and top-rated Winter Park schools. Contact us for a tour!
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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 | $7,120 | $7,120 | $7,120 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $47 | $47 | $60 |
Total Monthly Payment | $122 | $122 | $135 |
* 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.