Under contract-accepting backup offers. Mount Dora Condo for Sale!
Southern Oaks Condos is a desirable, 55+ community nestled in Mount Dora's Historic District. Experience the charm and convenience of downtown living from this prime location just a few blocks to the heart Mount Dora’s boutique, cafes, acclaimed fine dining, antique shops, waterfront and parks. This beautifully renovated 3-bedroom 2-bathroom condo is a 4th floor corner unit offering privacy and no one living above you! The entry foyer welcomes you into the light filled interior with bamboo wood flooring and crown molding flow throughout. The kitchen overlooks the living and dining room and features wood cabinets, granite countertops, stainless steel sink, pantry, LG stainless steel refrigerator, range, dishwasher and microwave. The spacious living room and dining room lead to the tiled screened porch where you can enjoy beautiful sunsets with pool and lake views! The primary bedroom has two built in closets, built in dresser drawers with granite top, a linen closet and a full-size washer and dryer!! The en suite bath has custom vanity, granite countertops and walk in shower. The guest bedrooms are generously sized, one with a Murphy Bed and the guest bathroom has vanity with granite countertop and tub with shower.
Seller is offering a one-year home warranty from Old Republic with acceptable offer and all furnishings, décor etc are negotiable. Southern Oaks offers resort style amenities with heated pool, gazebo, shuffleboard courts, community workshop, personal lockable storage unit, two laundry facilities, elevators, a beautifully remodeled rec room with a kitchen and library for entertaining or special events, a conveniently covered designated parking space and plenty of guest parking.
Easy commute via the nearby 429 Expressway to Winter Park, Orlando, airport and attractions. In 2024 Southern Oaks has updated and refurbished the elevators, installed new roofs in both buildings, painted the carports and updated the landscape and irrigation. Condo fees include basic Cable TV, Sewer, Trash, Water. Pets are allowed with restrictions. Walk three short blocks to downtown or call the Mount Dora transit or Freebee shuttle service!
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William Raveis Mortgage, LLC
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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 | $259,200 | $259,200 | $259,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $119 | $119 | $119 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,724 | $1,723 | $2,222 |
Total Monthly Payment | $1,918 | $1,917 | $2,416 |
* 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.