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Under contract-accepting backup offers. Located in the established Biltmore Shores neighborhood of Orlando, this well-maintained concrete block home sits on an elevated 70’ x 121’ lot in a quiet residential subdivision positioned between Winter Park and College Park. Built in 1952, the home offers 3 bedrooms and 1 bath with 1, 147 square feet of living area and a thoughtful, functional layout that separates living spaces from the bedroom wing. Multiple living areas include a family room and living room that connect easily to the dining area and kitchen, creating a comfortable flow for daily living and entertaining. A spacious 24’ x 12’ screened back porch extends the living space outdoors and overlooks the fenced backyard, while an attached 12’ x 24’ one-car garage with garage door opener provides storage and convenience. Major system updates include a 2021 roof, 2022 HVAC system, and 2021 hot water heater. The home has been lovingly maintained and presents an excellent opportunity for a new owner to personalize over time. Optional membership in the Biltmore Shores Community Club provides access to Little Lake Fairview for an annual fee of only $40. Ideally located with easy access to I-4 and just minutes from the shops and restaurants along Edgewater Drive, the home offers a peaceful residential setting with excellent proximity to neighborhood amenities. An appraiser’s measurement/sketch and floor plan are available. Private showings are being scheduled now upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $116 | $116 | $116 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,601 | $1,642 | $2,159 |
| Total Monthly Payment | $1,792 | $1,833 | $2,350 |
* 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.