Under contract-accepting backup offers. Welcome to your dream home in Mulberry situated within the exclusive South Lakeland Airport Community, directly on the runway with almost an acre of land! This spacious 4-bedroom, 2-bath home boasts a versatile split floorplan, offering privacy and comfort for the entire family. The open-concept living area features vaulted ceilings with charming wood beams, anchored by a cozy wood-burning fireplace that creates an inviting ambiance. The large kitchen is a chef's dream, complete with ample granite island countertop space, a convenient sink feature, and an eat-in area perfect for casual dining. The primary suite features an en suite bathroom and large walk-in closet. Recent updates include all-new interior paint, modernized kitchen cabinet hardware, updated fixtures and fresh trim and baseboards throughout. Whether you need an extra bedroom or a dedicated office/flex space, this home has you covered! Step outside to the expansive covered lanai that overlooks the runway. It features a privately fenced heated pool and spa combo, creating the ideal setting for relaxation and entertainment. Car enthusiasts and aviators will be thrilled by the attached two-car garage, ample driveway space and a 40ft wide by 30ft long concrete block airplane hangar. The hangar consists of an approximate 38ftx10ft door clearance, extra two and a half car garage within and ample space to accommodate your RV, plane, or workshop needs. Situated on the runway at airport ID X49, encompassing 2412’x100’ of grass runway with a 400' displaced threshold, this unique property offers a lifestyle of convenience and adventure in a truly exceptional location. Short distance between Orlando and Tampa, close to Lakeland International which hosts the annual Sun N Fun Fly-In AKA “Spring Break for Pilots”, come see this aviator’s paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
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 | $321 | $321 | $321 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,673 | $2,673 | $3,477 |
Total Monthly Payment | $3,086 | $3,086 | $3,890 |
* 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.