One or more photo(s) has been virtually staged. Nestled on the shores of Lake Orienta, this Open-floor plant first floor condo in one of the best HOAs and exceptional location one block from Uptown Altamonte Springs. Upon entering, one is greeted by the Great Room with 12" by 12" ceramic tile flooring, freshly painted throughout, ample space for entertaining and is complete with a fireplace encased with tile trim and ceiling fan/light. Moving forward, the kitchen comes equipped with appliances including a refrigerator, range, stove-top microwave, dishwasher and garbage disposal. Enjoy the dinette next to the kitchen--perfect for a 4-top table or round. Beside the kitchen is the dinette space and pantry/laundry room with Masonite bi-fold doors that keep the washer and dryer neatly tucked away and out of sight. The second bedroom has an expansive closet and two large windows. The front patio is freshly painted and is equipped with a secured private exterior closet on the front porch for all your extra storage needs. The Lakewood peaceful community has has all the feel of a resort---valet trash pickup five days per week and great amenities to include Clubhouse, 2 pools, fitness center, sports courts, boat/RV storage area and car wash station. Property is current leased. Leased expired January 31, 2025. The beautiful park-like Lakewood Park Condominium is a gated, lake front access community conveniently located near Publix, restaurants and shops. Easy access to I-4, Maitland Avenue, Altamonte Advent Health Hospital and being only 8 miles to Park Avenue in Winter Park, and 11 Miles to College Park/Downtown Orlando, this home is perfectly located to all Central Florida has to offer.
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$180,000
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 | $144,000 | $144,000 | $144,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $151 | $151 | $151 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $982 | $957 | $1,235 |
Total Monthly Payment | $1,208 | $1,183 | $1,461 |
* 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.