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Presented by
Nea Lisboa |
1108 FOX LAKE DRIVE, Lakeland, FL, 33809 | $900,000
Under contract-accepting backup offers. WOW! Great Properties attract Great Tenants who pay Top Rents! This is a great property! This almost New 2024 Constriction Triplex features Three 4 bed/3 bath units that are 1, 850sf each. Built by one of Lakeland’s Premier Builder’s it features higher quality finishes than what is included in most new construction single family homes. The exterior construction consists of two story block walls. There are 9' foot ceilings on both the first and second floors. The first floor features an open great room concept with U-Shaped kitchens with white shaker cabinets, stainless appliances including slide in ranges, granite counter tops, recessed ceiling lighting, and breakfast bar. The first floor also has Bedroom 4 which is an En Suite, perfect for multi generational living or a guest room. It has a low threshold walk in shower, linen closet, granite vanity top and also hallway access for guests. The Rear Patio Slider Door in the great room has internal blinds. On the 2nd floor you have the Primary Bedroom with double closets. The Primary Bath has a walk in shower and double sink vanity with granite vanity top. Bedrooms 2 and 3 share a hall accessed bathroom with tub/shower combo. There is also a laundry room on the 2nd floor that includes washer and dryer. All units feature Two Panel Doors, Premium Door Hardware, Plumbing Fixtures & Vinyl Plank flooring throughout. No Carpet! City Water and Sewer. Each unit has it's own Water and Electric meters. This property is conveniently located just Two Blocks North of Duff Road. The Blue Line 2 Bus Stop is about a 7 minute walk. It is under 4 miles to the I-4 and Grocery (Publix, Walmart, and Dollar General), Banks, Restaurants, and Pharmacies are also within walking distance. Please click Virtual Tour to see full 3D interactive tour of unit 1108. 1102 and 1104 are currently tenant occupied and can be viewed during inspection period with accepted offer. Unit 1108 is currently used as an Airbnb Short Term Rental and may be viewed on vacant days with appointment. Furnishings in 1108 are available for purchase.
This property has three Property Tax ID's. Fast closing is available and also 1031 Exchange friendly. 10 day inspection max. Minimum 1% Escrow Deposit on Finance offers and 5% on Cash Offers. Net income based on Gross Revenue minus estimated Taxes & Insurance. All dimensions are estimated Buyer/Buyers agent to verify. This is a very rare opportunity! Call Today!
Features
- Bedrooms: 12
- Units: 3
- Lot Size: 82 x 134
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
- Year Built: 2024
- Garage: Assigned, Driveway, Off Street
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 5,550
- Acreage: 0.26
- Lot Size: 82 x 134
- Est. Taxes: $11,158
- Lot Desc: In County, Near Public Transit, Street Dead-End
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Lease Terms: 12 Months
- MLS#: L4956235
- Days on Market: 20 days
- Website: https://www.raveis.com
/prop/L4956235/1108foxlakedrive_lakeland_fl?source=qrflyer
William Raveis Family of Services
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.
Nea LisboaSales Associate
203.506.1813
Nea.Lisboa@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Gerry O'BrianVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 223191
203.274.0501
Gerry.OBrian@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1108 FOX LAKE DRIVE, Lakeland, FL, 33809
$900,000
Nea Lisboa
Sales Associate
William Raveis Real Estate
Phone: 203.506.1813
Nea.Lisboa@raveis.com
Gerry O'Brian
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $720,000 | $720,000 | $720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 6.007% | 5.932% |
| Monthly Tax Payment | $930 | $930 | $930 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,088 | $4,259 | $5,979 |
| Total Monthly Payment | $5,110 | $5,281 | $7,001 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388