Winter Haven Condo Portfolio – A Prime Investment Opportunity on the Chain of Lakes!
Location, Location, Location! This rare condo portfolio features FOUR charming units nestled along the stunning Chain of Lakes in Winter Haven, offering a perfect blend of convenience, beauty, and potential for steady rental income. All four units are currently rented providing immediate income. Whether you're looking for a primary residence, a second home, or a high-demand investment opportunity, these properties are ideal! Key Highlights: Four Condos, One Prime Location: Located on Lake Lulu, within the picturesque Chain of Lakes, these units have a relaxed lakeside lifestyle. Fantastic Community Amenities: Enjoy resort-style living with access to a large community pool, clubhouse, and private fishing dock right on the lake. Convenient & Central: Just minutes from shopping, dining, Legoland, and the vibrant downtown Winter Haven, you'll have everything you need right at your doorstep. Low HOA Fees: The HOA covers exterior maintenance, lawn care, pool upkeep, trash removal, water, and sewer – making ownership easy and hassle-free. All-Age Community: This welcoming neighborhood is perfect for everyone.
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:
$540,000
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 | $432,000 | $432,000 | $432,000 |
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 | $566 | $566 | $566 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,910 | $2,871 | $3,643 |
Total Monthly Payment | $3,568 | $3,529 | $4,301 |
* 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.