20820 River DRIVE, #B17, Dunnellon, FL, 34431 | $199,500

Discover a rare gem at the landings of the Withlacoochie River in downtown Dunnellon! Welcome to your perfect family vacation retreat, and an income generating opportunity! This well-maintained, modern one bedroom, one bath condo offers incredible convenience with rare no stairs to climb and a prime quiet corner unit with plenty of windows. Exceptional features: Relax and unwind while you enjoy the heated inground pool and hot tub with an outdoor shower station. Perfect for a year around relaxation. Bring your boat and keep it on the river for convenience with over 300 feet of well-maintained boat docks. Whether you’re fishing, sunbathing, or heading over by boat to the Rainbow river this location is a boaters dream. Fish cleaning stations, barbecue areas, picnic tables, and scenic water access make outdoor living, effortless and enjoyable. Unmatched value: your affordable HOA fees at $373 monthly includes water, sewer, boat dock usage, trash, maintenance, insurance, and reserves. No flood insurance is required, as this condo is located in a no flood zone and has never flooded! Why choose this Condo? Perfect for family getaways and as a short term rental all year round. Strong financial reserves in the HOA mean minimal special assessments. Expertly managed community, realtor has personally owned a unit here for over 20 years as a VRBO, a testament to the exceptional value and lifestyle this condo provides. You won’t find a better waterfront condo with these amenities and low HOA fees anywhere else. Don’t miss this rare opportunity to secure a piece of paradise.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: LANDINGS WITHLACOOCHEE OR 1272/1072
  • Year Built: 1986
  • Common Charge: $373 Monthly
  • Approx Sq. Feet: 480
  • Acreage: 0.02
  • Est. Taxes: $2,195
  • Elem. School: Dunnellon Elementary School
  • Middle School: Dunnellon Middle School
  • High School: Dunnellon High School
  • Pool: Heated, In Ground, Lighting, Outside Bath Access, Solar Heat
  • Pet Policy: Cats OK, Dogs OK, Number Limit
  • Appliances: Dishwasher, Exhaust Fan, Range, Refrigerator
  • MLS#: OM692806
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/OM692806/20820riverdrive_dunnellon_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 1/14/2025 8:47:08 PM)
Listing courtesy of SELLSTATE NEXT GENERATION-DUNN   Phone: 352-433-2804

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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20820 River DRIVE, #B17, Dunnellon, FL, 34431

$199,500

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 $159,600 $159,600 $159,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.408% 6.623%
Monthly Tax Payment $183 $183 $183
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,075 $1,089 $1,379
Total Monthly Payment $1,333 $1,347 $1,637

* 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.