One or more photo(s) has been virtually staged. Step into the epitome of luxury with this exquisitely renovated 7-bedroom, 5-bathroom home, centrally located in the highly sought-after Four Corners area of Davenport, Florida. Offering unmatched comfort and convenience, this property is an ideal find for both homebuyers and investors. The spacious open layout is ideal for both entertaining guests and everyday living
This impressive home has been upgraded with tile and hardwood floors. The spacious kitchen has been upgraded with pine wood cabinets. And the entire home has renovated Granite countertops in the kitchen and all 5 bathrooms.
The roof was replaced 7. 5 years ago and the screened in pool area is great place to enjoy the sun and outdoors all year long. And with a covered area of the back area, you can grill out back no matter what the weather.
The large upstairs primary bedroom not only has two closets, but, also an en suite bathroom with an upgraded walk in shower and jetted spa garden tub. And if you’re looking for storage space this home has it. With closets everywhere, this home also has a two car garage with high ceilings that is perfect place to have extra storage.
The prime location of Lake Davenport Estates is conveniently close to major roads, highways, and Interstate I-4, offering easy access to entertainment, shopping, restaurants, and commuting routes, making it an ideal choice for families and professionals alike. And sitting high up at 190 feet in elevation, this home’s location gives the buyer peace of mind.
In addition to being an amazing family home, this property is ideally located for short-term rental opportunities. With its proximity to the popular Florida theme parks, and especially being less than 20 minutes from Disney property, it presents an excellent investment opportunity for those looking to capitalize on the thriving vacation rental market in Central Florida.
Beyond its extensive upgrades, this home offers a perfect blend of luxury and functionality in a sought-after location. Whether you're looking for a primary residence or an income-generating investment, this property promises a lifestyle of comfort, convenience, and potential returns. Come and experience firsthand the exceptional quality and unmatched value offered by 418 Riggs Circle. Don't miss out on this rare opportunity to own a truly extraordinary home with significant investment potential.
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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 | $548,000 | $548,000 | $548,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $17 | $17 | $17 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,785 | $3,692 | $4,661 |
Total Monthly Payment | $3,894 | $3,801 | $4,770 |
* 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.