1462 Palm Bay COURT, Lake Mary, FL, 32746 | $990,000

Under contract-accepting backup offers. Nestled in the sought after guard gated community of Magnolia Plantation, this stunning home offers a blend of luxury, comfort, and convenience. Set on a quiet cul-de-sac with a private, natural wooded backdrop, this premium lot offers peaceful living in a vibrant neighborhood full of amenities and activity. The home boasts recent updates that include 2 new a/c units (2022), pool resurface (2022), updated doors (2021) and whole house bathroom updates (2022). The open and well thought out floor plan with beautiful and easily maintained wood look tile boasts tons of natural light. Upon entering through the double glass paned doors you will find a dedicated office to your left and formal dining space with large windows to your right. Just ahead with glass sliders to the lanai is formal living or flex space. The generously sized kitchen at the heart of the home features wood cabinetry, sleek granite countertops, stainless steel appliances, and a center island for easy meal prep. You won’t likely be alone in the kitchen as the bar seating, breakfast nook and family room offer inviting space for friends and family to gather and enjoy casual conversation while preparing meals. The kitchen seamlessly flows into the light filled family room with picturesque views of the pool and landscape through sliders and large windows surrounding a tasteful entertainment area. The primary suite is a true retreat, featuring double tray ceilings, a cozy sitting or office area, and his and hers walk-in closets. The tastefully updated primary bathroom is a spa-like oasis with dual vanities and shower. The home’s split bedroom plan offers privacy for the entire family, with three bedrooms downstairs. The second bedroom has a walk in closet and an updated bathroom that also offers pool/lanai access. The third bedroom boasts a large walk-in closet and an en suite tastefully updated bathroom. Upstairs, a spacious bonus room with a full bath (also updated) and closet provides endless possibilities—whether as an in-law suite, 4th bedroom, media room, or playroom. Outside, the screened lanai with outdoor grill, brick pavers and sparkling pool, create the perfect space for enjoying Florida’s beautiful weather. The Magnolia Plantation community offers an array of amenities, including tennis courts, a playground, and an open field, all within a secure, 24-hour guarded gate. The neighborhood is located within Seminole County’s “A” rated schools and is just a short drive from shopping, dining, and entertainment options. With easy access to I-4, 417, and the Wekiva Beltway, this home is perfectly positioned between the world-famous theme parks and Florida’s beautiful beaches. This is a rare opportunity to own a beautiful home in a highly sought-after community—schedule your private tour today!

Features

  • Amenities: Gated, Park, Playground, Security, Tennis Court(s)
  • Rooms: 14
  • Bedrooms: 3
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Year Built: 2002
  • Garage: 3-car
  • Heating: Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 3,289
  • Acreage: 0.47
  • Est. Taxes: $6,344
  • HOA Fee: $450 Quarterly
  • Lot Desc: Conservation Area, Cul-De-Sac, Landscaped, Sidewalk
  • View: Park/Greenbelt, Trees/Woods
  • Elem. School: Heathrow Elementary
  • Middle School: Markham Woods Middle
  • High School: Seminole High
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • MLS#: O6261253
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/O6261253/1462palmbaycourt_lakemary_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 12/11/2024 8:34:57 PM)
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO   Phone: 407-622-2122

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NMLS Mortgage Loan Originator ID 16953

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1462 Palm Bay COURT, Lake Mary, FL, 32746

$990,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $792,000 $792,000 $792,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $529 $529 $529
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,071 $4,941 $6,845
Total Monthly Payment $5,692 $5,562 $7,466

* 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.