Discover this FULLY FURNISHED END UNIT townhome in the guard gated community of Regal Palms Resort & Spa which offers the perfect lifestyle for vacation living, investment opportunity, or a year-round residence. Being only steps from the pool, this unit has one of the best locations in the entire complex. Boasting 2 master bedrooms, including 1 upstairs and 1 downstairs, makes this home uniquely spacious! Enjoy a maintenance-free lifestyle as the exterior and landscaping are professionally managed for you, allowing you to focus on all the world-class amenities, truly a turn-key experience! The resort offers a day spa, on-site restaurant, tiki bar, zero-entry pool, water slide, lazy river, arcade, fitness center, volleyball court, and a playground—endless entertainment options right at your doorstep - which is a great attractor to potential renters! Perfectly situated adjacent to the Highlands Reserve Golf Club and just minutes from Orlando’s top attractions, including theme parks (Disney, Universal, Sea World), this townhome presents a rare opportunity for short-term rental, vacation ownership, or primary residence. This part of town is BOOMING with construction, making it a great place invest your money. If you are looking to use this property as a vacation rental, please note the 4 comps provided in the photos that show the revenue of 4 almost identical units in the same complex. These strong numbers show what this property is capable of producing. Skip the headache of buying an unfurnished unit, you can start earning income here the day of closing! Please note HOA fee includes all amenities, internet, cable, and trash. A $2, 500 lender credit is being offered is buyer uses preferred lender!
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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 | $264,800 | $264,800 | $264,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,829 | $1,760 | $2,233 |
Total Monthly Payment | $2,204 | $2,135 | $2,608 |
* 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.