Welcome to Lake Frances Estates, one of Central Florida's hidden gems! This waterfront 55+ community offers an array of amenities, including billiards, two pools (one indoor for year-round swimming and one outdoor for sunbathing), an active clubhouse, and a fishing dock. Enjoy direct lake access for kayaking, canoeing, or electric-powered watercraft. Plus, there’s convenient RV and boat trailer storage for a small fee. You own your lot—no lot rent—and HOA fees are incredibly low at just $40. 25 per month. Food trucks regularly visit, and a Wednesday social breakfast provides a great opportunity to connect with neighbors. The community and nearby Tavares are golf cart-friendly, with the grocery store, shopping, dining, and the Tavares waterfront entertainment district all just a short golf cart ride away. Medical offices and the hospital are also within 2 miles. Don’t miss the chance to experience this vibrant, waterfront community! This 2/2 home includes a large laundry room with a connected storage room. The connected additional storage room includes a doggie door that leads to a private fenced in area for your furry friends.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$179,000
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 | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $113 | $113 | $113 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $953 | $952 | $1,208 |
Total Monthly Payment | $1,141 | $1,140 | $1,396 |
* 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.