571 Lake Cypress CIRCLE, Oldsmar, FL, 34677 | $648,000

Under contract-accepting backup offers. Welcome to Your Dream Waterfront Home! Discover the perfect blend of comfort and elegance in this stunning 4-bedroom, 2. 5-bathroom waterfront property located in the serene Preserve at Cypress Lakes. Nestled in a low-traffic neighborhood, this two-story haven offers breathtaking lake views and an abundance of space. Step inside to be greeted by soaring cathedral ceilings and an inviting atmosphere. The updated kitchen, featuring an island and gorgeous granite countertops, seamlessly flows into a spacious family room that overlooks your fenced backyard paradise, complete with a relaxing pool perfect for enjoying incredible sunsets. The impressive master suite boasts a luxurious 5-piece bathroom with dual sinks, a soothing soaking tub, and two generous walk-in closets. Upstairs, you’ll find all three bedrooms alongside a functional loft/den area, perfect for work or play. Additional highlights include a large two-car garage with custom shelving, and beautiful tile and wood flooring throughout the main level. Holidays in this HOA community are unforgettable including horse led hayrides. Located within walking and biking distance to the Oldsmar Splash Park, a beautiful nature preserve, and a fun recreation center, this home is ideal for outdoor enthusiasts. With a quick 25-minute drive to the U. S. Coast Guard Air Station Clearwater and just 45 minutes to downtown Davis Island, this property offers both tranquility and convenience. Don’t miss your chance to make this waterfront gem your own!

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Lot Size: 90 x 121
  • Laundry: Inside
  • Year Built: 1999
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,362
  • Acreage: 0.2
  • Lot Size: 90 x 121
  • Est. Taxes: $8,185
  • HOA Fee: $55 Monthly
  • Elem. School: Forest Lakes Elementary-PN
  • Middle School: Carwise Middle-PN
  • High School: East Lake High-PN
  • Pool: In Ground
  • Pet Policy: Number Limit, Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Microwave, Range
  • MLS#: U8251481
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/U8251481/571lakecypresscircle_oldsmar_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 9/21/2024 4:35:53 PM)
Listing courtesy of LPT REALTY, LLC.   Phone: 877-366-2213

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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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571 Lake Cypress CIRCLE, Oldsmar, FL, 34677

$648,000

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 $518,400 $518,400 $518,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $682 $682 $682
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,150 $3,150 $4,097
Total Monthly Payment $3,924 $3,924 $4,871

* 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.