2-bedroom, 2-bathroom, two-car garage attached villa on a large lot that backs up to a Cypress conservation area in Sun City Center, one of Florida's most affordable 55+ communities. This home has a vaulted ceiling in the main living area and a split floor plan. No carpeting except in the walk-in closet. The galley-style kitchen has easy access to a breakfast nook and a dining room. The primary bedroom is located at the back of the home for privacy and has a walk-in closet, and the ensuite has a dual sink vanity and a walk-in shower. The second bedroom is good sized, and the guest bathroom has a tub/shower combo. Great opportunity for an investor or someone handy looking for a bargain in a great location. This property is in the highly desirable Cypress Landing neighborhood and is priced significantly under its estimated value. Needs work, mainly new flooring, interior/exterior paint, and roof, but it still offers tremendous potential for savings or profit. Sun City Center is a 55+ golf cart-friendly community that offers something for everyone. Amenities include indoor and outdoor pools, a fitness center, tennis & pickleball, lawn bowling, softball, hiking trails, woodcarving, stained glass, a community center with an onsite Cafe, etc. Sun City Center residents have FREE First Responder Service and a Security Patrol. And with over 200 clubs of all types, such as travel, bicycling, gardening, ceramics, computer, bridge, poker, writing, big band, chorus, jazz, dance clubs, theater groups, and library, you'll only be bored if you want to be. Centrally located to Sarasota, St. Petersburg, and Tampa with easy access to I-75, Hwy 301 & Hwy 41.
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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 | $188,000 | $188,000 | $188,000 |
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 | $86 | $86 | $86 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,251 | $1,267 | $1,612 |
Total Monthly Payment | $1,412 | $1,428 | $1,773 |
* 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.