Charming renovated mobile home in lakefront Emerald Lakes Co-op 55+ community. This home is a beautiful and affordable way to enjoy the Florida lake lifestyle. It has a brand new sub floor and gorgeous luxury vinyl plank flooring throughout. Fresh, light contemporary paint through entire home makes it feel and smell so open and airy. The open floor plan is fabulous for entertaining. Large living and dining areas with a built in hutch / buffet ands to the charm of the home. Kitchen: Featuring ample cabinetry, a double oven and sleek countertops, this kitchen also has room for a small breakfast table. The primary bedroom is a great size with a walk -in closet. Primary bath has updated fixtures and a walk-in shower. The guest bedroom is also ample sized and the guest bath has gorgeous, modern fixtures and vanity. The Florida room is a fantastic place to sit and enjoy a cocktail and read a book. It is so bright with all of the windows. There is a laundry / storage room with washer and dryer included. A large carport to shelter your vehicle from the Florida sun.
Co-Op Property Share Included: Benefit from ownership that includes a share in the property, enhancing your investment in this desirable community. With the share comes a lower HOA fee which includes lawn care, cable, water, sewer, and all amenities. Emerald Lakes is a serene retirement community comprising only 211 homes. Residents have access to a variety of amenities and activities, including: community pool, clubhouse, library, pool table, dock, boat slips for rent, boat ramp to chain of lakes. The community is located in the heart of Clermont. Just minutes from the vibrant Downtown Clermont area with lakefront restaurants, bike trail, pubs, quaint shops, waterfront park and more. Come see this beautiful move in ready home and start enjoying life!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.243% | 7.171% | 6.518% |
Monthly Tax Payment | $153 | $153 | $153 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,196 | $1,543 |
Total Monthly Payment | $1,425 | $1,423 | $1,770 |
* 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.