8516 SE 137TH LOOP, Summerfield, FL, Florida, property flyer

8516 SE 137TH LOOP, Summerfield, FL, 34491 | $239,000

This 2-bedroom, 2-bathroom Chestnut model is situated on a corner lot along a quiet loop. The front porch spans 22 feet and offers an ideal space for enjoying morning coffee, while the private lanai provides an additional tranquil setting. The open floor plan has been enhanced with professionally painted kitchen cabinetry and quartz countertops. The kitchen includes a spacious breakfast bar with storage, stainless steel appliances (installed in 2021), ambient lighting, and recent paint updates. Vaulted ceilings accentuate the living room, dining area, and kitchen, complemented by ceiling fans throughout. Porcelain tile flooring is found in the main living areas, while new water-resistant laminate flooring (2024) has been added to the bedrooms and both walk-in closets. The interior laundry area features upper cabinets for extra storage. The enclosed lanai is finished with vinyl windows, vertical shades, and indoor/outdoor carpeting. The two-car garage includes sliding privacy screens, a utility sink, keyless entry, and a workbench. Notable upgrades include window replacements (2018), HVAC system replacement with humidistat (2012), architectural shingles (2013), and a water heater (2020). A $1200 credit at closing is being provided for the new buyer to purchase a washer and dryer. The seller is also offering a one-year Broward Factory Home Warranty with an acceptable offer. This property invites your consideration—schedule a viewing soon.

Features

Amenities: Basketball Court, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
Rooms: 6
Bedrooms: 2
Baths: 2 full
Lot Size: 88 x 90
Laundry: Laundry Room
Year Built: 1998
Garage: 2-car

Heating: Electric, Heat Pump
Cooling: Central Air
Approx Sq. Feet: 1,296
Acreage: 0.18
Lot Size: 88 x 90
Est. Taxes: $2,302
HOA Fee: $214 Monthly
Lot Desc: Corner Lot

Adult Communities: Yes
Pet Policy: Yes
Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
MLS#: OM715250
Days on Market: 123 days
Website: https://www.raveis.com
/prop/OM715250/8516se137thloop_summerfield_fl?source=qrflyer

This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/24/2026 12:10:58 PM)
Listing courtesy of RE/MAX PREMIER REALTY LADY LK Phone: 352-753-2029

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8516 SE 137TH LOOP, Summerfield, FL, 34491

$239,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$191,200	$191,200	$191,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.750%	6.125%	5.375%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.275%	6.272%	5.595%
Monthly Tax Payment	$192	$192	$192
H/O Insurance Payment	$75	$75	$75
Initial Principal & Interest Pmt	$1,116	$1,162	$1,550
Total Monthly Payment	$1,383	$1,429	$1,817

* 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.