***MOTIVATED SELLER***MOTIVATED SELLER***MOTIVATED SELLER*** Welcome to this NICE "THE GROVE RESORT" Vacation Home. WHY BUY NEW CONSTRUCTION if you can buy this condo ready to use and make money. MOVE IN READY! WONDERFUL 3 BED/2 BATH. Fully Furnished and ready for Vacation Rental Income. The Grove Resort's Water Park will feature not only an expansive water complex but will also boast a pool bar, on-site restaurant and bar, coffee bar, ice cream parlor, sundries store, fitness center, indoor and outdoor lounges, business center and much more. Own a piece of the magic - located just minutes from world-famous Orlando area theme parks and attractions, plus, easy access to popular shopping and dining areas on International Drive or at the Prime Outlet Mall. The Grove Resort is just a short commute from Local Beaches on both coasts and Downtown Orlando. Have some fun in the sun and challenge the family! Indulge in some fun at the gaming stations, or relax at the yoga lawn and full service spa. Concierge services, multiple bars and restaurants as well as multiple outdoor pools. Included its own Surfer water park with large pools, water slides and a wonderful lazy river. Cool down in style and enjoy one of The Grove Resort's water amenities such as the expansive, zero-entry pool, water slides, and more! PERFECT investment for short term rental condo. Do not miss this unique opportunity. Call now to viewing and enjoy this beautiful condo.
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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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $524 | $524 | $524 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,810 | $1,808 | $2,294 |
Total Monthly Payment | $2,409 | $2,407 | $2,893 |
* 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.