The LOFTS ON THE PARK – sounds intriguing, doesn’t it. What is it, where is it and what exactly is a Loft? This special opportunity is all about upscale downtown living next to beautiful Munn Park in the heart of our beautiful Lakeland activity district. Munn Park has been around longer than Lakeland itself, being labeled as a “public square” a year before the city’s incorporation in 1885. The area served as the backdrop for Lakeland’s bustling rail yard. Today, city officials are planning to revitalize the park at the center of the historic district. Also close by are Lakeland’s seven districts on the National Register of Historic Places. This second-floor unit is a former model with all the model home decor and furniture still highlighting this exceptional space. Featuring a BEDROOM, one and a half Baths, and a designer KITCHEN with GRANITE counters. The Master Bath, also featuring GRANITE and custom cabinets, is very private with both a WALK IN CLOSET and Washer and Dryer enclave. The interior designer that furnished this unit used the space to feature all the attractive aspects of this Loft lifestyle. The Lofts on the Park is a secure building with elevators and requiring code access. This unit includes a level 3 parking space in the convenient parking garage on Main Street. If urban living is “up your alley” it doesn’t get better than this. Restaurants, coffee shops, specialty shops are all nearby. Enjoy the nearby lakes, parks, Hollis Gardens, the Saturday downtown markets and First Friday lights up the whole downtown once a month when the streets are closed to traffic and the markets and car show open for all to see and visit.
Schedule your showing and see what The LOFTS ON THE PARK are all about.
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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 | $271,200 | $271,200 | $271,200 |
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 | $343 | $343 | $343 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,804 | $1,802 | $2,325 |
Total Monthly Payment | $2,222 | $2,220 | $2,743 |
* 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.