Motivated Seller This waterfront canal home sounds like a dream for water enthusiasts! The convenience of boating directly from your backyard to the ocean or to various nearby destinations adds a unique charm to the property. Being part of the expansive Harris Chain of Lakes offers endless opportunities for exploration and recreation, whether it's dining at waterfront restaurants, playing golf at Deer Island Golf Course, or simply enjoying the serene beauty of the water.
The accessibility to free boat parking marinas and gas stations further enhances the convenience of waterfront living. Plus, the proximity to downtown areas like Mt. Dora, Tavares, Eustis, and Leesburg via boat adds to the appeal, offering a blend of tranquility and accessibility to urban amenities.
The absence of an HOA coupled with the golf cart-friendly neighborhood likely contributes to a laid-back, community-oriented atmosphere, perfect for those seeking a relaxed waterfront lifestyle. Overall, this property seems like a fantastic opportunity for anyone looking to embrace waterfront living with the convenience of nearby amenities
This home is situated on just over an Acre of Land with over 500 feet of direct canal front property Home features 4 Bedrooms 1 of with is set up as a private Mother in Law suite perfect for extended famlies. Garage has been converted to 2 additional bedrooms perfect for large famlies however still has flexibility to be converted back to a 2 car garage.
The boater will love the 2 boat boat house.
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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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,924 | $3,773 |
Total Monthly Payment | $3,494 | $3,416 | $4,265 |
* 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.