2 SE Chinica DRIVE, Summerfield, FL, 34491 | $535,000

PRICE IMPROVEMENT. This recently renovated 3 BR, 2bth, Florida Cracker home is on over 1/2 acre of lakefront on desirable Bird Island on beautiful Lake Weir in Central Florida, Marion County. Offering stunning water views with boat access to both the canal and Big Lake Weir. The house features new vinyl plank flooring, repairs and paint throughout, renovated bathrooms, a new roof, a wellhead, a water filtration system, and a new AC installed in 2018. Enjoy a covered patio space for cooking out or just relaxing in the subtle beauty of Florida’s landscape and lake views as far as the eye can see

Lake Weir is a popular destination for families, providing opportunities for boating, camping, and sports. Additionally, there are two lakefront restaurants, Eaton's Sandbar and Grill and Gator Joe's Beach Bar and Grill, located at opposite ends of the lake, offering delicious seafood options.

If you enjoy outdoor activities, Ocala National Forest Park is located just 30 minutes northeast and offers ample hiking trails and some of Florida's largest lakes.

The property is conveniently accessible to East Highway 25 and HWY 441, and I75 and Florida Turnpike , making it easy to travel to Orlando, located 60 miles away. This house would make a perfect vacation spot investment or as your own personal paradise.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1961
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,296
  • Acreage: 0.52
  • Est. Taxes: $3,497
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System
  • MLS#: OM679308
  • Days on Market: 128 days
  • Website: https://www.raveis.com
    /prop/OM679308/2sechinicadrive_summerfield_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 12/12/2024 11:02:08 AM)
Listing courtesy of BERKSHIRE HATHAWAY HS FLORIDA   Phone: 352-622-9700

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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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2 SE Chinica DRIVE, Summerfield, FL, 34491

$535,000

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 $428,000 $428,000 $428,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $291 $291 $291
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,776 $2,741 $3,554
Total Monthly Payment $3,159 $3,124 $3,937

* 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.