Welcome to 1107 Lake Shore Drive, a charming midcentury modern gem nestled in the heart of the Inverness Highlands South. This 2 bedroom, 3 full bath home is packed with character and offers a unique opportunity to own a home with history and charm in the enchanting city of Inverness. Step inside and be greeted by terrazzo floors that effortlessly blend timeless elegance with durability. The upgraded kitchen is both functional and stylish, perfect for creating your favorite meals. Natural light pours into every corner of the home, especially the expansive sunroom, where walls of windows invite you to relax and soak in the serene landscape. Equipped with a mini-split system, you can bask in the healing Florida sunshine of the sunroom year round. Set on a double lot, the outdoor space is a dream for anyone who loves to entertain, garden, or simply enjoy the Florida lifestyle. The huge fenced backyard features a fenced turf-covered dog run, ensuring the rest of your yard stays clean. There’s also an RV carport, ample parking in the 2+ car garage, and plenty of room for your hobbies and toys. Perfectly suited for someone seeking a home with character, this property combines vintage charm with modern comforts. Situated in historic and charming Inverness, you’ll love the blend of small-town appeal and proximity to nearby amenities, parks, and the area’s natural beauty. Homes with this much personality don’t last long—schedule your showing today and discover your next chapter!
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Our Executive Mortgage Banker:
Our Insurance Division:
$285,000
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 | $228,000 | $228,000 | $228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,498 | $1,515 | $1,939 |
Total Monthly Payment | $1,906 | $1,923 | $2,347 |
* 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.