Tucked away and secluded off US 41 is Quail Roost a community of 142 homes. This property could be the perfect way to use your 1031 money. You own the land! Yes, that's right, no lot rent. And it is not a 55 plus community. You can use it as a winter getaway or for your permanent residence. This 3 bedroom, 2 bath home built in 2000 has vaulted ceilings and an open concept. Split bedroom layout gives privacy to all guests. A great home for entertaining. Kitchen has plenty of storage and room for table or corner booth. Primary bedroom has plenty of room for king size bed and walk-in closet. Primary bathroom has shower/jetted tub and linen closet. New vinyl flooring installed in 2023. Sliders off the dining/kitchen area allow for easy access to kitchen when entertaining and gives off natural light to flow in. Laundry located in the residence. There is a separate shed connected to the house. It can be extra storage, craft room, man cave or she shed. Enjoy your morning coffee or happy hour in the screened in lanai. The carport was added in 2021. Do you have a boat, trailer, or RV? The community has a separate storage area for all those toys! Golf carts welcomed. The community has a salt water pool, picnic/BBQ area, and clubhouse. Low HOA covers cable, lawn/land maintenance, manager, recreation facilities, sewer, and water. Great location. Easy access to I-75.
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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 | $215,200 | $215,200 | $215,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $144 | $144 | $144 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,432 | $1,414 | $1,815 |
Total Monthly Payment | $1,651 | $1,633 | $2,034 |
* 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.