1439 Butterfly Milkweed COURT, Davenport, FL, 33837 | $1,629,900

THE OWNER IS OFFERING A $200, 000 CREDIT AT CLOSING TO FURNISH THIS BRAND NEW CONSTRUCTION VACATION PROPERTY! Presenting 1439 Butterfly Milkweed in Watersong Resort with its 15 bedrooms, 15 bathrooms and 2 half bathrooms floor plan, on a lot of just over 0. 25 acres, this beauty just under 20 minutes from Walt Disney World is an investor’s dream come true. Being the largest production home in Central Florida with just under 6400 sf, it compares to similar properties that are earning a 10% cap rate with 73% occupancy // $223, 000+ in annual gross rents. The garage offers space for three cars and includes a built-in electric car charger. The kitchen allows for large gatherings and entertainment with its two refrigerators, two dishwashers and a wet bar. Also downstairs, you will find five bedrooms with en-suite bathrooms, two of which are master suites that include walk-in and water closets. Heading to the pool deck, you’ll find plenty of room for guests to spread out and relax on the extended pool deck and lanai with the privacy of conservation views. A half bathroom conveniently located by the pool, makes entertaining a breeze. Upstairs, a loft area with its own half bathroom welcomes you and is surrounded by ten more bedrooms for privacy and comfort for their occupants. Guests can venture out to enjoy the many amenities that Watersong Resort has to offer including a resort style pool & spa, fitness center, basketball & volleyball courts, a cybercafé, game room, playground & picnic area. A short drive will have guests at any of Orlando’s many attractions including Sea World, Disney World, Universal Studios, plenty of shopping and restaurants! Call today to schedule your showing.

Features

  • Amenities: Fitness Center, Gated, Pool, Security, Spa/Hot Tub
  • Rooms: 8
  • Bedrooms: 15
  • Baths: 15 full / 2 half
  • Laundry: Inside
  • Style: Florida
  • Year Built: 2023
  • Garage: 3-car Driveway, Oversized
  • Heating: Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 6,324
  • Acreage: 0.27
  • Est. Taxes: $1,294
  • HOA Fee: $1,566 Quarterly
  • Lot Desc: Cul-De-Sac, Landscaped, Sidewalk
  • View: Trees/Woods
  • Pool: Child Safety Fence, Deck, Gunite, Heated, In Ground, Lighting, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6191279
  • Days on Market: 33 days
  • Website: https://www.raveis.com
    /eprop/O6191279/1439butterflymilkweedcourt_davenport_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 6:17:28 PM)
Listing courtesy of KELLY FRENCH REAL ESTATE INC   Phone: 352-988-4975

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1439 Butterfly Milkweed COURT, Davenport, FL, 33837

$1,629,900

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,303,920 $1,303,920 $1,303,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.002% 6.956%
Monthly Tax Payment $108 $108 $108
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,785 $8,566 $11,539
Total Monthly Payment $9,018 $8,799 $11,772

* 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.