Under contract-accepting backup offers. Short Sale. Opportunity in Solterra Resort! Discover this fully furnished 14-bedroom income-producing property nestled in Solterra Resort. Located within a gated community, this residence offers a wealth of amenities and diverse entertainment options. Key Features: Experience a movie room with a 100" movie screen and reclining movie chairs, a converted garage transformed into a games room featuring foosball, table tennis, air puck, and games consoles. The expansive layout includes a well-equipped kitchen with a central island, granite work tops, a formal dining area, and a spacious living room, ceramic plank tiled flooring and an upgraded iron stair rail are just a few of the upgrades throughout this property. Discover multiple master bedrooms, themed rooms, and a generous loft area perfect for avid gamers. Outdoor Retreat: Relax on the spacious OVERSIZED patio with a pool and spa, complemented by an oversized deck (freshly painted in July 2024). Solterra Resort Perks: Enjoy the community clubhouse, large pool with beach entry and waterslide, lazy river, gym, and tennis courts. This property is an excellent choice for vacation rentals due to its prime location and comprehensive entertainment and leisure offerings. Act Now: Contact us today to arrange a showing and seize this exceptional investment opportunity!
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,453 | $1,453 | $1,453 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,708 | $7,726 |
Total Monthly Payment | $7,213 | $7,286 | $9,304 |
* 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.