A first-floor, well-appointed (Engineered hardwood floors, Granite counters in kitchen AND baths, 2021 a/c and water heater) premium condo in the heart of downtown Orlando. Adjacent to Dr. Phillips Performing Arts Center, this works well for investors or owner-occupants. Crown molding throughout also enhances the feel. This residence has a very usable, open, split layout with two full baths and bedrooms. Great for roommates. Among the most renovated units in the building, and on first floor. Open the French doors to your back patio; surrounded by lush landscaping; setting the tropical vibe after a long day. The community boasts an inviting pool area, including BBQ, loungers, tiki hut, and fitness room next door. Exterior renovation completed in 2020/21 including new roof, paint, and windows. Included in the HOA: water, sewer, trash pickup, pest control, exterior maintenance and nighttime security, pool, fitness, BBQ area. This unit offers two deeded covered parking spots and free off-street parking for your guests.
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Our Executive Mortgage Banker:
Our Insurance Division:
$257,500
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 | $206,000 | $206,000 | $206,000 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,371 | $1,369 | $1,766 |
Total Monthly Payment | $1,624 | $1,622 | $2,019 |
* 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.