Nestled in the heart of Mount Dora, this delightful 3-bedroom, 2-bath home is a perfect fit for first-time homebuyers, snowbirds, and landlords alike. Located in a peaceful, picturesque neighborhood, this home offers the perfect blend of small-town charm, vibrant activities, and modern convenience.
**Why It’s Perfect for You: **
? **First-Time Homebuyers**: Start your homeownership journey with this move-in-ready gem! Enjoy an affordable, low-maintenance property in a community filled with charm and endless recreational opportunities.
? **Snowbirds**: Escape harsh northern winters and embrace the Florida sunshine! This home is an ideal seasonal retreat, minutes from dining, shopping, and outdoor fun. Relax into a stress-free lifestyle surrounded by the beauty of Mount Dora and a wide variety of social and recreational options.
? **Landlords**: With Mount Dora’s strong rental demand, this home presents a fantastic investment. Its desirable location ensures it will attract quality tenants.
**Activities & Highlights Nearby: **
- **Historic Downtown Mount Dora**: Explore a vibrant array of unique restaurants, cozy coffee shops, and lively bars.
- **Lake Dora & Harris Chain of Lakes**: Perfect for boating, fishing, kayaking, or enjoying sunset cruises.
- **Year-Round Festivals**: From the Mount Dora Arts Festival to the Renninger’s Antique Extravaganza, there’s always something exciting happening.
- **Outdoor Recreation**: Stroll along waterfront parks, explore hiking trails, or enjoy a scenic picnic.
**Property Highlights Include: **
- **Bright & Airy Layout**: Spacious open-concept living area with abundant natural light.
- **Front and Rear Porches**: Enjoy your coffee and the fresh air, while relaxing on one of two covered porches.
- **Backyard Oasis**: Create your perfect outdoor retreat for relaxation or hosting friends and family. Enjoy the open spaces in the front, side, and rear of the house.
- **Long Driveway**: Plenty of space for your vehicles and toys (e. g. boats, trailers)
- **Prime Location**: Just minutes from everything Mount Dora has to offer, from charming boutiques to world-class lakefront activities.
Whether you’re seeking your first home, a winter getaway, a retirement retreat, or a smart investment, **1621 Dorset Dr** is your gateway to the best of Mount Dora living!
?? **Call today** to schedule your private showing. This opportunity won’t last long!
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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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $92 | $92 | $92 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,617 | $2,058 |
Total Monthly Payment | $1,764 | $1,784 | $2,225 |
* 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.