750 Florida Ave, Longwood, FL, 32750 | $429,900

Calling all Investors: Duplex property on large corner lot with half the duplex on 116 Clifford Ave and the other on 750 Florida Ave. Potential income of $44, 400 for both if each is rented for $1850 per month. Consider living on one side and renting the other.

Both units are very spacious with 2 bedrooms and 1. 5 baths and 1 car garage each. New paint inside and out with both homes in move in condition. 750 Florida has ceramic tile in living areas very light and bright with a very spacious master and good size 2nd bedroom. 116 Clifford Ave has laminate flooring in living areas with a good size master with carpet and tile in the second bedroom. This home also has a lovely outdoor screened patio to enjoy entertaining. Close to bus, shops, restaurants and major roads.

Features

  • Bedrooms: 4
  • Units: 2
  • Lot Size: 100 x 125
  • Laundry: In Garage, In Kitchen, Inside
  • Year Built: 1976
  • Garage: 2-car Ground Level, Parking Pad
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,924
  • Acreage: 0.28
  • Lot Size: 100 x 125
  • Est. Taxes: $3,596
  • Elem. School: Longwood Elementary
  • Middle School: Milwee Middle
  • High School: Winter Springs High
  • Lease Terms: 12 Months
  • MLS#: O6214341
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/O6214341/750floridaave_longwood_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 6/30/2024 7:47:09 AM)
Listing courtesy of VENTURE I PROPERTIES, INC.   Phone: 407-774-9400

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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750 Florida Ave, Longwood, FL, 32750

$429,900

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 $343,920 $343,920 $343,920
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 $300 $300 $300
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,288 $2,286 $2,949
Total Monthly Payment $2,663 $2,661 $3,324

* 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.