The home they never wanted to sell! Here's the Florida Lake Front Retreat that YOU'VE been looking for. Properly situated on Central Florida's Fresh Water Lake Reedy in Frostproof, it is FAA APPROVED for your Sea Plane and home to the LAKE REEDY BASS FISHING TOURNAMENT for your fishing desires. The Breathtaking Sunsets from the 140ft dock or the Sancturary of the 35x24 Enclosed Porch provide all the serenity you need to recharge from your day. Not to mention the Luxury Swim Spa providing you with an endless swimming experience. Your next home offers a blend of modern luxury and timeless charm. You can Live off of the land with almost half an acre of private land. Add to the Fruit trees(grapefruit, cherry, orange, lemon, banana) and create your own nursery around the chicken coup. Can even fish from the Private Beach if you choose. As we enter your home you're immediately greeted with an OPEN CONCEPT, noticing that Lake Views are apparent in almost every location in the home. Providing you with plenty of Natural Sun Light. The home flows straight into the Kitchen/Family room setup which is ideal for entertaining friends and family from your Chefs Kitchen. Enjoy the New Premium Stainless
Steel appliances until your hearts content. You can enjoy delicacies like Smores with your Dual-Sided Wood Burning Chimney with Family in the living room or even in privacy from your Master Suite. Speaking of, the Vintage accents throughout the home continue to provide more charm into the master. The Master Bath was Fully Remodeled leaving you the choice of bathing in a luxurious Pedestal Bathtub or rainfall Standup Shower. Moving along, the Master Closet provides the convenience of space and storage while providing the serenity of overlooking the lake. Some more features of the home is the Massive 46. 5 ft long florida room perfect for more common space, the 2. 5 Car Garage perfect for your toys, the convenience of a half circle driveway with plenty of space for even an RV complete with 50 amp hook up. The 2019 roof. Your next Florida retreat is the result of all of the Love from the previous owners. That Love certainly will extend to you once you see this home. Schedule to see today!!!
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Our Executive Mortgage Banker:
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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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $353 | $353 | $353 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,460 | $4,423 |
Total Monthly Payment | $3,905 | $3,905 | $4,868 |
* 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.