700 Mirror TERRACE NW, #508, Winter Haven, FL, 33881 | $109,000

Welcome to Spring Lake Towers, a vibrant 55+ community located in the heart of Winter Haven, offering breathtaking views of Spirit Lake on the Chain of Lakes. This 5th-floor unit features 1 bedroom, 1 bathroom, and a versatile sunroom that can serve as an office, den, or whatever suits your lifestyle. With 874 sqft of heated living space, the home is designed for comfort and convenience. The flooring includes linoleum in wet areas and carpet throughout, complemented by updated windows, a water heater from 2008, and an AC unit from 2016. Additional features include storage locker #18 and an assigned parking space (K-9) with ample visitor parking along the south wall. The monthly HOA fees cover a wealth of services, including cable TV, internet, sewer, trash, common area maintenance, community taxes, pool upkeep, escrow reserves fund, exterior and grounds maintenance, an on-site manager, and access to the recreational facility. This non-smoking, pet-free community consists of 79 units and offers a wide range of amenities and activities to keep you entertained, active and young at heart. Enjoy swimming in the community pool, fishing or boating on the lake, working out in the fitness area with cardio equipment and free weights, playing games in the game room, or unwinding in the library. For added security, elevators are accessible with a key and are operational from 7 am to 7 pm, with security cameras throughout the facility ensuring peace of mind. Conveniently located near the Northgate Shopping Plaza and within short distance of supermarkets, places of worship, medical facilities, and restaurants. Spring Lake Towers is the perfect place to call home, whether you're looking for a primary residence, a vacation retreat, or a smart addition to your investment portfolio. Don’t miss this opportunity to enjoy a vibrant maintenance free lifestyle in a welcoming community on the Chain of Lakes.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Elevator(s), Laundry, Maintenance, Pool, Recreation Facilities, Shuffleboard Court, Storage
  • Rooms: 6
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area, Laundry Room
  • Complex: SPRING LAKE TOWERS
  • Year Built: 1970
  • Common Charge: $575 Monthly
  • Approx Sq. Feet: 874
  • Est. Taxes: $0
  • Lot Desc: Near Public Transit
  • View: City, Pool, Trees/Woods, Water
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • MLS#: P4932590
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/P4932590/700mirrorterracenw_winterhaven_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 8:47:07 PM)
Listing courtesy of XCELLENCE REALTY INC.   Phone: 866-595-6025

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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700 Mirror TERRACE NW, #508, Winter Haven, FL, 33881

$109,000

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 $87,200 $87,200 $87,200
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 $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $566 $558 $724
Total Monthly Payment $641 $633 $799

* 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.