1285 Grand Traverse PARKWAY, Reunion, FL, 34747 | $1,399,000

Exceptional Investment Opportunity In Prime Reunion Resort Location, Presenting One Of The Last Legally Combined Double Lots On Grand Traverse, Offering An Expansive Pie-Shaped Lot With Over 135 Feet Of Frontage And Serene, Tree-Lined Conservation Views. Situated In One Of Reunion’s Premier Neighborhoods, This Property Provides An Unparalleled Opportunity To Construct A Custom, Spacious Home—Ideal For Personal Use Or As A High-Yield Luxury Rental Investment. Favorable Economic And Market Conditions With Florida’s Robust Housing Market And Strong Regional Economic Growth, Properties In High-Demand Areas Like This Continue To See Rising Values. Amid Steady Stock Market Performance, Investors Are Increasingly Turning To Premium Real Estate For Stable Returns. This Property Is Strategically Positioned To Capture Both Lifestyle Appeal And Financial Benefits, Making It An Excellent Addition To A Diversified Real Estate Portfolio. Resort-Style Amenities Just Minutes From Disney, The Property Includes An Active Resort Membership, Providing Rental Guests With Access To An Array Of Exceptional Amenities: 13 Community Pools, Three Signature Golf Courses (Palmer, Watson, And Nicklaus), A Multimillion-Dollar Water Park, Multiple On-Site Dining Options, Two Golf Pro Shops, Six Hydro-Grid Clay Tennis Courts, And A Miniature Golf Course. This Exclusive Membership Elevates The Guest Experience, Creating The Perfect Environment For A Memorable Stay And Maximizing Rental Potential.

Features

  • Lot Size: 138 x 184 x 205 x 107
  • HOA Fee: $222 Monthly
  • Pet Policy: Yes
  • MLS#: S5115498
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/S5115498/1285grandtraverseparkway_reunion_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/14/2024 1:02:09 PM)
Listing courtesy of TITAN REALTY GROUP LLC   Phone: 407-212-7653

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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1285 Grand Traverse PARKWAY, Reunion, FL, 34747

$1,399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,119,200 $1,119,200 $1,119,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,259 $7,259 $9,904
Total Monthly Payment $7,384 $7,384 $10,029

* 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.