1920 E Edgewood DRIVE, #F3, Lakeland, FL, 33803 | $184,500

Price reduced! Beautiful 3 bed / 2. 5 bath 2-story condo-townhouse in Lake Bentley Shores community.
A great opportunity for an investor, or a homeowner looking for a maintenance free living in a lakefront community in the heart of Lakeland.
Currently leased to a quality tenant with a month-to-month lease. Tenant had been renting the unit for more than 4 years and would like to stay if a new owner will be interested. Current rent is $1, 650 / month. 30-day to the tenant to vacate if the buyer will not allow the tenant to stay. HOA allows a 3-month lease min.
Excellent location, close to center of town, just off of Edgewood Drive, near HWY 98, about a mile from Polk Parkway, easy access to I-4, close proximity to Lake Hollingsworth, restaurants, shopping, universities, golf courses, playgrounds and more.
Great recreational facilities: community swimming pool with sun deck overlooking Lake Bentley, clubhouse, lake access, fishing pier, boat slip, tennis court.
Monthly HOA includes water, trash removal, condo insurance, roof, exterior building, ground maintenance, lawn care, security guard on duty. HOA allows only service/support animals. Pets are not allowed. Each unit has one assigned parking spot and there are plenty extra parking spaces available.
Solid brick colonial exterior. All 3 bathrooms are renovated. New roof 2019, new A/C 2019, tile floors downstairs and laminate upstairs. No carpets!
Spacious open living room/dining combo with sliding glass doors to the screened lanai and fenced backyard. Kitchen appliances all included. Laundry closet with washer/dryer hook-up just off the kitchen. Screened back porch.
Fenced backyard.
Owner financing terms: rate 6. 5%, 15 years max, 20% down.
Sale is a real estate exchange 1031

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Clubhouse, Laundry, Maintenance, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Closet
  • Complex: LAKE BENTLEY SHORES CONDO
  • Year Built: 1973
  • Approx Sq. Feet: 1,178
  • Acreage: 0.02
  • Est. Taxes: $1,857
  • Condo Fee: $566 Monthly
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: T3502973
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/T3502973/1920eedgewooddrive_lakeland_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 5/13/2024 6:20:02 AM)
Listing courtesy of NEW HOME CONSULTANTS LLC   Phone: 813-786-4893

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1920 E Edgewood DRIVE, #F3, Lakeland, FL, 33803

$184,500

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $147,600 $147,600 $147,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment $155 $155 $155
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,007 $994 $1,266
Total Monthly Payment $1,237 $1,224 $1,496

* 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.