Location, Location, Location! Lakefront complex - STUDIO APARTMENT downtown Winter Park with a BOAT SLIP! Stroll a block or two to Park Avenue and take in the magnificent galleries, museums, restaurants/cafes, boutiques, etc. You can also walk to the Sunrail (commuter train) and Amtrak Station; Farmer's Market, Rollins College and the Alfond Inn from this mostly 55+ community. Whispering Waters condo complex is directly on the shores of Lake Osceola and is a neighbor to the Winter Park Scenic Boat Ride venue. This cute corner studio apartment has an abundance of plantation shutters and is extremely light and bright. There is NOT A TRUE BEDROOM IN THIS STUDIO, but an open area with two twin beds. The Unit #15 in Bldg 7 is on the third floor where you can use the nearby elevator behind the outside stairwell that is closest to the pool. There are not many condos with boat slips on the Chain-of-Lakes but this unit comes with a highly sought after COVERED BOAT SLIP (#14)! What fun you can have exploring the beautiful, serene waters on the Chain-of-Lakes. Take in the lovely view of Lake Osceola and the community pool from your living area / enclosed balcony area. Receive mail and packages delivered directly to your front door. Park your car in the gated garage below as deeded parking space #31 comes with this condo. Also in the garage is a storage cabinet that goes with this unit. From the third floor in Bldg 7, you can go directly to the secure parking garage with a special key/slot within the elevator. The manager's office is in the garage not far from the laundry machines. Condo fee includes: electricity; water and gas; plus exterior maintenance, pool, manager, reserves, exterior insurance; grounds maintenance; trash removal. There is a club room/marina room near the lake (by the 19 covered boat slips) that could be considered a recreational bldg. Come enjoy the lifestyle Winter Park has to offer!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $236 | $236 | $236 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,778 | $1,754 | $2,226 |
Total Monthly Payment | $2,089 | $2,065 | $2,537 |
* 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.