21107 Fountain View LANE, #5304, Lutz, FL, 33558 | $267,500

Popular 2-bedroom condo at the Fountains at Paradise Lakes is being sold TURNKEY. This condo is designed to have the second bedroom suite function as a studio lock out for those who want to capture some extra rental income. This condo in building 5 on the 3rd floor has high ceilings which is a characteristic only on the top floor models. Condo has 2 front entry doors; one opens into the living room and the second front door opens into the studio suite. The second bedrooms bathroom suite has a tub with shower. The primary bathroom has a linen closet, double vanity and shower and portable bidet. Both bedrooms have walk-in closets with mirrored doors. Both bedrooms also have their own private screened balconies which look out to the Woods where birds and wildlife can be viewed. This is an end unit, so it has extra windows on the North side. The Galley kitchen is nice and bright with four windows overlooking the Woods. One of the windows serves as a convenient pass-through to guests on the porch. Recently upgraded was the farm sink in the kitchen. Owners also purchased a double oven that has both convection and air frying capabilities. The Refrigerator is a side-by-side unit. The AC system has a splitter so different temperatures can be set in the main unit and studio lockout. Alexa has been set up to operate many of the lights in the condo. Light neutral tone laminate floors have been installed throughout much of the condo except for the two bathrooms which have ceramic tiles. The building has an elevator, two sets of stairs and two garbage shoots. Guest parking is close to the building. One covered parking space conveys. The seller is including their four-seater golf cart with the sale of the condo. Property is being sold furnished. Seller wants to Sell the condo turn key. With a yearly paid membership to the resort residences can enjoy vast amenities including entrance to the nightclub, Key West Bar, restaurant, heated pool and water volleyball pool, hot tubs, pool table, yard games, and pickle ball. Paradise Lakes is a world renown nudist community conveniently located near grocery stores, public golf courses, one hours drive to gulf beaches, and 35 minutes from Tampa International Airport.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Elevator(s), Gated, Vehicle Restrictions
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: PARADISE LAKES
  • Year Built: 2002
  • Common Charge: $579 Monthly
  • Approx Sq. Feet: 1,135
  • Acreage: 6.38
  • Est. Taxes: $1,906
  • Lot Desc: In County
  • View: Trees/Woods
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: W7870885
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/W7870885/21107fountainviewlane_lutz_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/14/2025 6:37:52 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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21107 Fountain View LANE, #5304, Lutz, FL, 33558

$267,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $214,000 $214,000 $214,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.421% 6.644%
Monthly Tax Payment $159 $159 $159
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,442 $1,460 $1,850
Total Monthly Payment $1,676 $1,694 $2,084

* 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.