Cash-Flowing Tenant Occupied at $2, 400/mo. with $600~ HOA returns an Annual Revenue of $28, 800 in an iconic Luxury building with Accelerating equity price appreciation year over year. The tenant is long term though Summer 2025, lease to be honored, and is ok to Renew if Buyer wants to re-sign. Experience the Ultra Luxury segment at its finest at The Vue at Lake Eola located in Downtown Orlando’s Central Business District which makes a skyline statement through a crisp and minimalist design. This stunning 2-story/ 1 bedroom 1. 5-bathroom premier LOFT IN THE SKY on the 2nd floor with 27ft high ceilings, automatic power blinds and floor to ceiling glass walls has breathtaking views of Lake Eola and downtown Orlando’s skyline from the moment you enter. Featuring an open concept floor plan which entails a spacious kitchen equipped with stainless steel appliances (natural gas stove), living/ dining room combination looks out to your large private balcony. A spiral staircase takes you to your primary bedroom with ensuite bathroom, and custom over-sized walk-in California closet. State-of-the-art amenities include: Valet, 24-hour doorman, resident-only parking garage, and biometric fingerprint access. Unwind at the rooftop Jr. Olympic-size heated pool or entertain on the expansive 30, 000 sq. ft. amenity deck with brand-new grills and furniture. Stay active with a fitness center, tennis and basketball courts, and a yoga studio. Plus, there's a theater, dog walk, Cyber Cafe/lounge, and free-to-book business offices, board room and meeting facilities for residents and their guests. Enjoy the weekend’s farmer’s markets across the street at Lake Eola, walking distance to Dr. Phillips Performing Arts Center, easy access to Camping World Stadium, Kia Arena, and Orlando City Soccer Stadium all within walking distance + more. Embrace the pinnacle of urban living in the Tallest residential Skyscraper in Orlando, The Vue. Only showing the unit to buyers with Proof of Funds, must show proof of Bank Balance or a Pre-Qualifed loan letter from a verified Lender.
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Our Executive Mortgage Banker:
Our Insurance Division:
$490,000
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 | $392,000 | $392,000 | $392,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $411 | $411 | $411 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,641 | $2,605 | $3,306 |
Total Monthly Payment | $3,127 | $3,091 | $3,792 |
* 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.