REDUCED TO SELL. Location Location Location ! FIRST FLOOR, CORNER UNIT. With its west facing balcony it gives wonderful light. Set in the heart of Floridays Resort Orlando, the resort comes with two beautiful pools, two jacuzzis, Club house, state of the art fully equipped fitness center, Palm cafe, and full licensed bar, Starbucks coffee, and live entertainment at the pool. Floridays is beautifully located by the Disney attractions, with Sea World and Universal studios only traffics lights away north on International drive. This 3 bedroom is breathtaking! FULLY FURNISHED INVESTMENT CONDO. Super High income yielding, state of the art furnishings. 2018 through 2020 the condo underwent full refurb with brand new Stainless steal appliances, new contemporary manufactured flooring in living room, and dining room, and brand new carpet in all three bedrooms, and new AC unit installed in 2020. The condo enjoys solid granite counter tops in Kitchens and bathrooms, a Jacuzzi in the master bedroom, a private balcony, private owners closet, and 3 smart TVs. Free shuttle to Disney, Universal, and Sea World. Take advantage of the Int Drive Trolley to all the shops and restaurants. Absolutely breathtaking. The Management company, do a fabulous consistent job keeping a strong income for the investor, taking care of everything for the owner, while the investor can also treat the unit as their second home. CALL TODAY
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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 | $199,200 | $199,200 | $199,200 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,325 | $1,324 | $1,708 |
Total Monthly Payment | $1,681 | $1,680 | $2,064 |
* 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.