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MOTIVATED SELLER. A Rare Opportunity Awaits: Own a Custom Estate in Coveted South Bay. Discover this exceptional, custom-designed residence in the highly desirable South Bay community of Southwest Orlando's Dr. Phillips area. Crafted by a renowned architect, this magnificent single-family home exudes sophistication from the moment you arrive via the improved brick paver circular driveway. Step inside this impeccably maintained home to experience refined living, greeted by a striking split staircase. The formal living spaces showcase soaring 16' pocket tray ceilings and designer chandeliers, setting a tone of understated elegance. The state-of-the-art kitchen, recently modernized with high-end GE Café appliances, seamlessly flows into the expansive family room, perfect for grand entertaining. Each of the five spacious bedroom suites offers a private sanctuary with walk-in closets and en-suite bathrooms. This home boasts superior construction, including solid block and steel-wrapped rafters, enhanced by a new air conditioning system. The screened outdoor living space is an entertainer's dream, featuring a stunning custom pool, spa, and fountain, plus a convenient pool house with a shower and grill. While move-in ready, this distinguished residence presents a unique canvas for the discerning buyer to apply their personal vision, offering an unparalleled return on investment for those ready to customize and elevate this luxurious space. South Bay offers residents exclusive amenities including private tennis courts and, most notably, private dock access to the renowned Butler Chain of Lakes via Lake Tibet. Its premier location provides unparalleled convenience to world-class dining on Restaurant Row, the Bay Hill Golf Course, major theme parks, and exemplary Dr. Phillips schools. This rare opportunity to own a custom estate has created an opening for an attractive and expedited transaction. The Sellers are highly motivated and receptive to all qualified offers. Bring us your vision.
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:
$1,850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $899 | $899 | $899 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,520 | $8,873 | $12,290 |
| Total Monthly Payment | $9,544 | $9,897 | $13,314 |
* 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.