Presented byJohn Egan |
Take advantage of the perfect timing to snatch up this enticing Orlando property. The current tenant's lease will transition to you upon purchase and will expire on August 16, 2024—just in time for you to savor your next fall-winter season in Orlando. Immerse yourself in a world of charm and ease at the sought-after Discovery Palms Community. Here lies a delightful one-bedroom, one-bathroom condo, inviting you to indulge in the laid-back Florida lifestyle you've envisaged.
Nestled within the secure perimeters of Discovery Palms, this alluring condo features a well-equipped kitchen, a cozy dining area, a welcoming living room, and an in-unit laundry room with a standard washer and dryer. The inclusion of a screened patio, which provides a splendid view of the tennis courts, enhances the appeal. Boasting an array of amenities designed to captivate future residents—such as a swimming pool, a dog park, a modern gym, a clubhouse, and complimentary basic cable and internet as part of the HOA benefits—this community is a magnet for those seeking a life of recreation and convenience.
Stepping out of your door brings you face-to-face with opulent community facilities. Take a dip in the shimmering communal pool, show your prowess on the tennis or volleyball courts, or enjoy a game at the indoor basketball court. For those active days or leisurely evenings, the clubhouse with its fitness center and playground is an idyllic spot. The on-site property manager and maintenance team enhance your living experience with round-the-clock assurance.
Moreover, this condo's prime location places you at the heart of excitement and convenience. Resting within a gated enclave, you're mere moments from world-renowned theme parks like Disney, SeaWorld, and Universal Studios. Revel in the dynamic atmosphere of International Drive, take a shopping spree at the adjacent outlets, and savor the diversity of nearby culinary delights. With major thoroughfares and Orlando International Airport in close proximity, your commutes and travel escapades become a breeze. This opportunity to make a smart investment in a property with so much to offer is one not to be missed.
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Our Executive Mortgage Banker:
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$199,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.300.8779
John.Egan@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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | $143 | $143 | $143 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,086 | $1,058 | $0 |
Total Monthly Payment | $1,304 | $1,276 | $218 |
* 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.