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Unique 4 bedroom/3½ bathroom "Lockoff" unit. Closest and most inexpensive of it's kind to Disney and being positioned first within the community makes it yards away from the community pool, playground, basketball court, tennis court, gazebo, and grill but without the noise. Corner unit creates a spacious outdoor area. Inside you'll find a turnkey fully furnished 1 bedroom that sleeps 4, and an adjoining 3 bedroom that sleeps 8. For the investor, this 4 bedroom has a higher total occupancy than a traditional 4 bedroom - maximizing $ returns from vacation renters . . . . OR. . . . live on one side and rent the other . . . . OR. . . . . live on a resort where the "Lockoff" is perfect for a guest, young adult, or a Mother In Law Suite.
Fully furnished with a great living room/movie room with a mounted 75" TV. Kitchen has new stainless steel appliances, High quality washer/dryer have recently been upgraded at a $1, 400 cost to owner.
Bathrooms are sparkling clean, upstairs master bedroom has a balcony.
Access to all community amenities which include, community pools, basketball, tennis, playground, clubhouse, gym, Tiki Bar, work center and a nature walking trail.
Emerald Island is a "Named" community which is highly recognized/requested within the vacation rental business. With its proximity to the area attractions, shopping, championship golf all with a secure gated resort community, makes this a great choice for the investor or the permanent resident.
New owners will receive:
1. 2 Central Florida Golf Cards (expires 12/31/2025)
2. Additional golf discounts (valid for 1 year after closing date)
3. Discount for your visitors in AirBnb rentals (some restrictions apply)
Investors:
1. Recommendations to management companies where 1st month is free.
2. Booking requests or golf discounts for your clients.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$328,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $262,400 | $262,400 | $262,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | $337 | $337 | $337 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,511 | $1,594 | $2,127 |
| Total Monthly Payment | $1,923 | $2,006 | $2,539 |
* 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.