Welcome to 1006 Florida Avenue, an opportunity to own one of three beautifully crafted new construction homes on Florida Avenue in Spartanburg! Whether you're searching for your dream home or a smart long-term investment, this home is designed to impress with its modern style and versatile layout. This thoughtfully designed home features 2 bedrooms, 2. 5 bathrooms, and a versatile third room—perfect as a bedroom, playroom, or office. With just under 1, 400 square feet of living space, the open floor plan features luxury vinyl plank flooring, granite countertops, stainless steel appliances, and sleek modern finishes throughout. The main floor offers a spacious living room and dining area that flows seamlessly into the kitchen, which includes a pantry for added storage. A powder room is located just off the kitchen, along with a walk-in laundry room. Step out from the kitchen onto the back porch and into the oversized, fully fenced backyard—ideal for relaxing or entertaining. Upstairs, the primary suite features an ensuite bathroom with dual vanities, a walk-in shower, and a walk-in closet. The secondary bedrooms, also with LVT flooring and ceiling fans, share a well-appointed hall bathroom. Conveniently located just outside city limits, this home is minutes from Spartanburg Medical Center, Cleveland Park, and Wofford College, with quick access to major highways. Its prime location also makes it an excellent choice for short-term rentals like Airbnb, offering fantastic income potential.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$269,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $215,920 | $215,920 | $215,920 |
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 | $59 | $59 | $59 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,455 | $1,435 | $1,821 |
Total Monthly Payment | $1,589 | $1,569 | $1,955 |
* 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.