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One or more photo(s) has been virtually staged. One of the original 1957 Craney Spec homes designed by celebrated architect Gene Leedy. This historic home blends the natural surroundings of exterior and interior spaces. Meticulously cared for landscape and fig vines accenting the wall around the property adds to the mystery of the properties desire. You're going to enjoy Gene's mastery with his illusions of space and detail. Exposed block walls on the interior side of the home, along with "mahogany" wood paneling, and floor to ceiling poured glass sliding walls achieve the full intent of Gene's vision. This is precisely why he is a legend and considered an icon when referring to the Sarasota School of Architecture movement. Drexel Avenue is considered a famous example of Florida's climate responsive mid-century modern homes to this day. Metal, Concrete, Glass, and Wood were all purposely used to connect the nature of the property with a simplistic lifestyle. Remodel design by Gene Leedy in 1984 now gives this home a more functional use of the space. From the front door the interior opens up to a wonderful mid-century pictured life with warm parquet flooring, rich wood tongued and groove ceilings, Mahogany walls, floating gas fireplace, built in shelving and a long non-obstructed view of the peaceful back landscape. Kitchen has a built-in convection oven, gas stove top, granite counter tops, track lighting that highlight the grains of the wood when turned on, stainless refrigerator and dishwasher, pass through window, modern functional fixtures, and cabinet hardware pulls. The dining area looks out to the courtyard bringing you closer to the outside. Guest bedroom could be an office, with a sliding wall that opens to the back. Master bedroom was expanded to offer more versatile function and personal storage. This space could be used to inspire hobbies such as painting, playing musical instruments, sewing, or exercise. Master bath features tiled garden bath and shower with block glass, and a floor to ceiling window. Other features include; Interior and exterior posts and beams, a garage, wrought iron front gate, outdoor shower, tankless hot water, attached gas grill, plenty of storage, track lighting throughout, central A/C, newly coated roof protection, pergola, down lighting, Lush gardens that landscape all views from within the home, relaxing courtyard for cooler Florida days and nights, 8 foot high perimeter wall, path ways through the gardens, and storage shed for gardening tools, 9' x 7' utility room with washer, gas dryer, extra refrigerator and cabinets. Gene Leedy chose to bring his modernism movement to Winter Haven, a city uniquely located between Orlando and Tampa surrounded by lakes and good weather. The Lake Elbert trail is 2 blocks away; Downtown is an easy bike ride or enjoyable walk. Polk State College and other conveniences are minutes from Drexel Avenue. Showings to qualified buyers please.
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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 | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $86 | $86 | $86 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,703 | $1,797 | $2,392 |
| Total Monthly Payment | $1,864 | $1,958 | $2,553 |
* 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.