12825 Madison Pointe CIRCLE, #205, Orlando, FL, 32821 | $194,000

Snow birds seize this opportunity to capitalize on this property, tenant lease transfers to new owner and lease expires 9/30/24 perfect timing for you to enjoys your next winter in Orlando. Step into a life of enchantment and convenience in the coveted Discovery Palms Community, where this splendid 1BR-1BA condo beckons you to the relaxed Floridian lifestyle you've always dreamed of. Boasting a prime second-level, light and bright design, this gem offers unparalleled comfort with its crown moldings, cooling ceiling fans, and easy-to-maintain ceramic tile flooring in the kitchen and bath areas.

Wake up in your cozy bedroom and savor the morning light filtering through the windows. Indulge in cooking sessions within your gourmet kitchen adorned with sleek black appliances and treasure the ease of doing laundry in your own indoor space, complete with washer and dryer.

Outside your doorstep, luxury amenities await. Swim laps in the sparkling pool, engage in friendly competition at the tennis or volleyball court, or showcase your skill at the indoor basketball court. There's no need to stray far for a workout or social gathering - the clubhouse with a fitness center and playground is perfect for both active days and relaxing evenings. And with an on-site property manager and maintenance staff, peace of mind is always within reach.

Location is everything, and this unit delivers. Nestled in a gated community, you're just minutes away from the excitement of theme parks such as Disney, SeaWorld, and Universal Studios. Dive into the bustle of International Drive, indulge in retail therapy at the nearby outlets, and enjoy a variety of mouth-watering restaurants. Major roads and the Orlando International Airport are conveniently close, ensuring that whether you're commuting or jetting off to faraway destinations, your travels are effortless.

Don't let this exquisite opportunity slip through your fingers. Act FAST and embrace the mix of tranquility and adventure that this Discovery Palms condo has to offer – a true sanctuary amidst Orlando's delights. Welcome home.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Laundry Closet
  • Complex: DISCOVERY PALMS
  • Year Built: 2003
  • Common Charge: $176 Monthly
  • Approx Sq. Feet: 534
  • Acreage: 0.18
  • Est. Taxes: $1,322
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6185941
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6185941/12825madisonpointecircle_orlando_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 5/21/2024 1:32:13 PM)

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NMLS Mortgage Loan Originator ID 90874

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12825 Madison Pointe CIRCLE, #205, Orlando, FL, 32821

$194,000

Danielle Smith

Sales Associate

William Raveis Real Estate

Phone: 203.209.9710

Danielle.Smith@raveis.com

Christine Preston

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.521.7207

Christine.Preston@raveis.com

NMLS Mortgage Loan Originator ID 90874

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $155,200 $155,200 $155,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.538%
Monthly Tax Payment $110 $110 $110
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,059 $1,032 $1,331
Total Monthly Payment $1,244 $1,217 $1,516

* 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.