Fantastic opportunity to own one of the best located units in the popular gated community of The Villas at Island Club in Kissimmee. This lovely 3 bed 2 bath condo overlooks the pool, tennis courts and playground. This is a second-floor unit that has a floor plan that features an open concept with a large combination living room/dining room that boasts cathedral ceilings and large windows that let the natural light flow in. The galley kitchen overlooks the living area and plenty of cabinet space and a closet pantry. The master bedroom is roomy and has a walk-in closet and the master bathroom has been remodeled and features a large walk-in shower. There's 2 more good sized bedrooms and the 2nd bathroom has a shower tub combination. The laundry closet is conveniently located in the hallway, there's an extra exterior closet for added storage and the property is being sold with all appliances!. The community is zoned for short term rentals so this property can be used as a vacation home, investment property or primary residence. The community has 2 heated pools, a hot tub, fitness center, tennis courts, picnic areas and a playground, all of this with a very affordable monthly condo fee! You can't beat the location, just minutes from Disney World, Margaritaville, loads of shopping and restaurants and all that Central Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $285 | $285 | $285 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,617 | $1,595 | $2,024 |
Total Monthly Payment | $1,977 | $1,955 | $2,384 |
* 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.