Celebrations ONLY SHORT-TERM RENTAL PROPERTY!!! The Melia Hotel of Celebration welcomes you to this fantastic location with two large bedrooms, two-bathrooms! Open split floor plan with full kitchen (no oven in any of the units). Living room area offers another balcony and a hide-away couch for additional sleeping options. Head downstairs to the full-service restaurant The Wilson featuring delicious American cuisine, enjoy a day or evening by the 360-infinity pool which offers a zero-entry area perfect for the little ones! The Melia is conveniently located just a few minutes from Disney, is a pet friendly hotel with fenced dog play area, a short drive to Universal Studios, the new Epic Universe due to open 2025, Seaworld and about 20 minutes from Orlando's International Airport! Melia offers transfers to and from the theme parks!! Don't forget to visit Celebration's downtown area for some amazing restaurants, shopping, bike rentals to take and explore over 23 miles of trails weaving in and around Celebration! Rental history attached as well are other documents pertaining to the Melia Hotel. All info is intended to be accurate; it is the buyer and buyer's agents responsibility to verify all details within the resort. Owner can occupy their unit 175 days per year when in the rental program.
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Our Executive Mortgage Banker:
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$245,000
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 | $196,000 | $196,000 | $196,000 |
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 | $174 | $174 | $174 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,304 | $1,303 | $1,681 |
Total Monthly Payment | $1,553 | $1,552 | $1,930 |
* 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.