Welcome to 488 Marcello Blvd. , this amazing property nestled within the highly desirable Bellavida neighborhood presents a unique investment opportunity, as it allows both SHORT TERM and LONG TERM rental, giving investors great flexibility. This is also an incredible home for you to enjoy with family and friends here in sunny Florida.
This modern looking home sits on an oversized lot with conservation area views, giving you not only more space between neighbors but also guaranteeing more privacy and peace. This is a newer built home compared to others in this neighborhood and one of the few with white kitchen cabinets, it also includes an amazing extended patio.
As you enter the home, you will find a spacious open concept first floor that integrates kitchen, living and dining areas; you will also find a large sitting area by the entrance that can be used as an office, game room, or even an additional bedroom. The home has a total of five suites; one on the first floor, two master suites and two additional themed suites on the second floor. The home is turn key and all furniture is included, so you get to enjoy right away. On top of all that, at Bellavida Resort you'll have access to an amazing clubhouse with zero-entry resort pool, hot tub, basketball court, sand volleyball court, fitness center, guard gated community with 24-hour security. You will also love its convenient location to various stores and restaurants. This property offers all that a family needs when visiting Orlando and it can be yours!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
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 | $575 | $575 | $575 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,503 | $4,459 |
Total Monthly Payment | $4,214 | $4,170 | $5,126 |
* 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.