WOW, Beautiful Waterfront home with Amazing Views. From the moment you enter, the wide, open floor plan offers soaring 10 ft ceilings and relaxing lake views from all the main living areas. The garage features a rare golf cart bay with its own door, EV Charging, and attic storage. Nestled in the heart of Central Florida, the Lakes of Mount Dora stands as a distinguished, award-winning 55+ gated community, offering an unparalleled array of amenities and recreational opportunities. At the heart of this vibrant community lies the 18, 000 Sq. Ft. Clubhouse, serving as a hub of activity and socialization. Here, residents can indulge in various leisure pursuits, from quiet moments in the library to spirited games in billiards and card rooms. A well-equipped gym awaits fitness enthusiasts, while the arts and crafts room provides a creative outlet for the artistically inclined.
Outdoors, residents can bask in the Florida sun while enjoying the community's recreational facilities. With 7 miles of interconnecting waterways, residents can explore by boat or enjoy the tranquil views. Sports enthusiasts will delight in participating in pickleball, tennis, bocci ball, and croquet on the immaculately maintained lawns. The inviting pool, hot tub, walking trails, and fire pit provide tranquil views. A stand-out feature is the fenced and gated RV/Boat parking. All these exceptional amenities are more encompassed within the remarkably low monthly fee of $275, including internet and cable services, including reclaimed water irrigation. It is conveniently located just 5 miles from downtown Mount Dora with its array of shops, restaurants, boating, and entertainment, in which residents can immerse themselves. Orlando's world-renowned attractions are just over an hour away, while the coast's pristine beaches are just an hour's drive. Discover the perfect blend of luxury, leisure, and community today in the Lakes of Mount Dora.
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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** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $318 | $318 | $318 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
Total Monthly Payment | $3,337 | $3,334 | $4,121 |
* 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.