Introducing a completely renovated waterfront Class A RV port home in Phase 1 of Mount Olive Shores. This impressive property features a range of upgrades, including a new metal roof, high-end laminate flooring, and recessed lighting throughout. The kitchen has been beautifully remodeled with new cabinetry, granite countertops, and state-of-the-art appliances, while the bathrooms have also been refurbished. The spacious floor plan includes split master bedrooms, one with a screened lanai overlooking the freshwater canal. The main living area boasts an electric fireplace, and there's even a separate formal dining room. Outside, you'll find a Class A RV port, a golf cart garage, and a two-story utility shed with air conditioning on the first floor and storage on the second. Furthermore, the property features an irrigation system for all the surrounding flower beds. The anchoring system has been completely upgraded with new anchors, stabilizers, underbelly vapor barrier, and insulation, and flood insurance is not required for this waterfront home. Located just minutes from I-4, multiple shopping outlets and malls, world-renowned medical facilities, and Tampa and Orlando International Airports, Mount Olive Shores is a friendly and safe gated community close to Central Florida attractions, all less than an hour away. This is a Class A motorhome, deed-restricted community, so you must own or lease a Class A motorhome in your first year of ownership.
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $168 | $168 | $168 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,497 | $1,458 | $1,897 |
Total Monthly Payment | $1,740 | $1,701 | $2,140 |
* 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.