Under contract-accepting backup offers. Lakefront and sunsets across Lake Minneola! Imagine the sunsets every night directly across the lake. You face due west, do watching from the screened front porch, family room or primary bedroom is yours every single day. This home is now a blank canvas as the remodel was started and house was brought down to concrete floors and some walls removed. Oversized lot in the back with room for a workshop or shed too! The two-car side entry garage will have a brand garage door soon, the 23-by-24-foot garage is oversized with lots of extra space and can park oversized vehicles. The inside of the home has been opened up for a more modern design and feel. Family room and primary bedroom on the front porch level, and the slightly raised living room and kitchen level results in additional lake views. Walk over to the white sand beach area and pull up your boat after a day out on the water. Lake Minneola has the Tiki Bar, Salt Shack, and the City of Clermont is in the process of building boat slips for access to all the downtown restaurants, shops and events for you after tying up. Clermont chain of lakes is comprised of three larger lakes - Minneola, Minnehaha and Louisa, where the state park is, and then smaller lakes to venture around. Bring your pontoon boat, ski boat for wakeboarding, wake surfing, or your kayaks, canoes or even sailboats. This home has the potential and the location, and there are plans for a four-bedroom expansion. See this incredible location and home and see what you can do to make this your own at this great price. Conveniently within three minutes of the Publix shopping center and less than 10 minutes to the movie theater and larger shopping area, and about 45 minutes to the Orlando International Airport, all major attractions such as Disney, Universal, Sea World and the malls. See all that central Florida has to offer, but more importantly what Clermont and Minneola has with our chain of lakes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $623 | $623 | $623 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $4,574 | $4,570 | $5,688 |
* 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.