501 W. Old Us Highway 441, #C105, Mount Dora, FL, 32757 | $239,900

Summit Place sits on a hill overlooking Lake Dora and the Summit Place pool area. This 2 bedroom, 2 bath unit has been meticulously maintained by a Florida owner and used sparingly as their vacation retreat. The home has many upgrades installed by owner and includes 2 large bedrooms, the Master is 14 x 20 with a view of the pool area and Lake Dora. The laundry is conveniently located in the kitchen area. The kitchen has an eat-in nook, and a food pass thru/combo breakfast counter from the kitchen to a larger dining area. In the Living Room area a double window looks out over the pool and combines with a view of Lake Dora. There is plenty of room for comfy furniture and wall size TV's. The large clubhouse has a fitness room with many new pieces of equipment. A large sparkling pool has more than adequate seating areas for unit owners and guests. Each unit has a 1 car covered & reserved parking space with a storage closet. Plenty of overflow guest parking is available at the clubhouse. Service animals and emotional support animals are allowed with proper documentation. Enjoy Summit Place's excellent location which is just a few short walking blocks from the downtown core of Mount Dora. The City of Mount Dora is a once a year host to one of the largest art festivals in the U. S. Exhibitors come from all over the U. S. A. to showcase their art works. Lake Dora has a seaplane base, lake access points, and boat storage facilities. The downtown has a quaint village feel and is a great place for dining, local shops, waterfront parks, and community activities.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Maintenance, Pool, Storage
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Kitchen, Inside, Laundry Closet
  • Complex: MOUNT DORA SUMMIT PLACE CONDO
  • Year Built: 1983
  • Approx Sq. Feet: 1,459
  • Acreage: 0.04
  • Est. Taxes: $4,679
  • Condo Fee: $575 Monthly
  • Lot Desc: Gentle Sloping, City Lot, Landscaped, Rolling Slope
  • View: Pool, Water
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: O6266217
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6266217/501woldushighway441_mountdora_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 12/22/2024 7:32:08 AM)
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501 W. Old Us Highway 441, #C105, Mount Dora, FL, 32757

$239,900

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 $191,920 $191,920 $191,920
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 $390 $390 $390
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,293 $1,276 $1,618
Total Monthly Payment $1,758 $1,741 $2,083

* 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.