Under contract-accepting backup offers. Look no further! This south facing pool and spa home is loaded with future bookings to generate instant income! This spacious and open Magna Bay model floorplan has 6-bedrooms, 5-1/2 bathrooms and best of all 4 main bedrooms with bathrooms. The perfect vacation rental or family home in a community just minutes from the parks. The pool has two new pool heaters replaced in 2022 & 2023, electric for the pool and propane for the hot tub. Step into the front door where you will be greeted by a formal living area and dining room. Continue to the great room with a combination seating area with two-story high ceilings and a kitchen with a family breakfast bar as viewed on the photos! There is also a half bathroom downstairs to service the downstairs. Two sets of sliding glass doors bring you outside to a spectacularly large pool and deck area with south facing pool. The lanai has a covered area with ceiling fans so sun lovers can enjoy the pool area rain or shine. The main bedroom downstairs which has a garden tub, two sinks and separate shower. The remaining bedrooms can all be found upstairs which includes three additional main bedrooms and bathrooms. The upstairs also has a loft area, perfect for having a workspace / work center! The laundry room is downstairs on the way into the garage. Emerald Island is a 24 hour man guard-gated resort community, located only 5 minutes from the gates of Walt Disney World. The community clubhouse features a pool, hot tub, sauna, fitness room and a tiki bar. There are numerous playgrounds throughout the community, basketball, tennis, a sand volleyball court and even a hiking trail that cuts through the 11-acre conservation area in the center of the resort!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | $505 | $505 | $505 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,269 | $3,228 | $4,109 |
Total Monthly Payment | $3,866 | $3,825 | $4,706 |
* 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.