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Welcome to this lovingly maintained 3-bed, 2-bath single-family home located in the highly sought-after Pershing Terrace neighborhood of Orlando, FL. Offering 1, 721 sq ft of cozy, well-kept living space, this property has been owned by the same family since it was built in 1959—showcasing decades of care and pride. Sitting on a generous lot, the home features a large fully enclosed attached porch that seamlessly connects to the kitchen through an interior access door, while also providing convenient entry from the garage. One of the standout features of this property is the detached fully enclosed building with its own air-conditioned studio space of 520sq ft. Including its own rear driveway to the street located behind the property (Simonton Avenue) and gates already built into the vinyl fencing —an incredible opportunity for those seeking extra space. This versatile structure also has a 160sf workshop adjacent to the Backyard Studio or could be converted into an in-law suite / rental unit (subject to applicable city/county regulations). You will not have to worry about the Florida heat inside the workshop or the studio space as both areas are equipped with window units for cool air. Located in one of Orlando’s most desirable ZIP codes, this home blends charm, functionality, and future potential—perfect for homeowners or investors looking to make a smart move in a prime area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$464,900
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 | $371,920 | $371,920 | $371,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.571% | 6.533% | 5.668% |
| Monthly Tax Payment | $552 | $552 | $552 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,200 | $2,320 | $3,014 |
| Total Monthly Payment | $2,827 | $2,947 | $3,641 |
* 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.