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New Price Improvement! Seller is ready for an offer! Vacation Paradise AND Passive Income Home Run!
This established Short term rental is ready for its new Owner!
Discover one of the nicest condos in the Orlando area at the guard-gated Bahama Bay Resort, just minutes from Disney! This updated 3-bedroom, 2-bath retreat is designed for both comfort and opportunity—whether you’re searching for a personal vacation getaway, a seasonal snowbird escape, or a proven short-term rental property. New roof slated to be installed starting in September! Inside, you’ll love the thoughtful upgrades: luxury vinyl plank flooring throughout, renovated bathrooms, stainless steel appliances, 2024 Water Heater, newer A/C (2017), fresh paint, modern light fixtures, and updated furnishings. The open layout flows seamlessly to a private screened-in balcony, perfect for morning coffee or evening cocktails while overlooking the lush resort grounds. Bonus: It comes fully furnished! When you’re not enjoying the space yourself, this condo is a turn-key income-producing property with strong demand from vacationers and snowbirds. With Airbnb/short-term rentals allowed, out-of-state owners especially benefit from the professional on-site management that keeps your investment hassle-free. The Caribbean-style resort offers endless amenities: four pools and hot tubs, clubhouse, day spa, fitness center, internet café, guest library, tennis and basketball courts, sand volleyball, walking trails, fishing dock, playground, and two restaurants/bars—everything you or your guests need for the ultimate Florida experience. Conveniently located near Highway 27 & 192, you’re just minutes from world-class golf, dining, shopping, and Orlando’s famous attractions. 608 Lucaya Loop - it’s lifestyle and opportunity rolled into one.
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:
$205,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $164,000 | $164,000 | $164,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.168% | 5.628% |
| Monthly Tax Payment | $239 | $239 | $239 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $944 | $982 | $1,329 |
| Total Monthly Payment | $1,258 | $1,296 | $1,643 |
* 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.