2226 Cypress Cove DRIVE, Tavares, FL, 32778 | $299,000

Under contract-accepting backup offers. WOW! CANAL FRONTAGE CONDO ON CHAIN OF LAKES! Florida living at it's finest! This nicely updated 2 bedroom, 2 bath home is nestled amongst the trees for a peaceful slice of paradise. Bring your boat & fishing pole and enjoy a short cruise down the canals that open up to Lake Eustis and on to the Harris Chain of Lakes. Open the gate to a charming, private courtyard and step inside to the open foyer leading into the dining room and living room featuring newer carpet and high ceilings giving you an open, yet cozy feel. The recently updated kitchen is bright with an abundance of natural light from the bay window overlooking the courtyard. The primary bedroom with walk-in closet and secondary closet features a tastefully updated en-suite. An indoor laundry area is just off the kitchen with new cabinetry. Sliding doors open to a screened in lanai where you can sit back and enjoy the waterview. A new sink and cabinet on the lanai is convenient to wash up before you head back inside. The over sided garage was finished with granite grip flooring. The community of Cypress Cove offers a screened in pool with heated spa along with a community dock / gazebo ideal for fishing or enjoying the gorgeous view of Lake Eustis. Park your boat on the community docks on a first come-first serve basis. The condo fees cover ground maintenance, exterior maintenance, roof, termite bond, irrigation, and more. Ideally located near shopping, restaurants and short drive to 429 for an easy commute to Orlando. This paradise is waiting for new owners to enjoy and love!

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: TAVARES CYPRESS COVE CONDO
  • Year Built: 1986
  • Common Charge: $518 Monthly
  • Approx Sq. Feet: 1,334
  • Acreage: 0.05
  • Est. Taxes: $3,327
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: G5082570
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/G5082570/2226cypresscovedrive_tavares_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/4/2024 9:32:09 PM)
Listing courtesy of A REAL ESTATE BOUTIQUE LLC   Phone: 352-516-5616

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2226 Cypress Cove DRIVE, Tavares, FL, 32778

$299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $239,200 $239,200 $239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $277 $277 $277
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,612 $1,590 $2,051
Total Monthly Payment $1,964 $1,942 $2,403

* 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.