|
2642 MAGNOLIA CIRCLE, Lake Wales, FL, 33898 | $339,900
Under Construction. NEW CONSTRUCTION 4BR/2BA | COMPLETION SUMMER 2026 | $10, 000 BUYER INCENTIVE | NO HOA
$339, 900 | 2642 Magnolia Circle, Lake Wales, FL 33898
Under Construction. Lock in your brand new home now in the final stretch of completion, and customize your move in timeline. Located on a quiet cul de sac in Walk in Water Lake Estates, this 4 bedroom, 2 bathroom home is in the final phase. Septic installed, driveway and sod going in, final inspections underway, with Certificate of Occupancy expected soon. Seller is offering up to $10, 000 in flex credit toward closing costs, rate buydown, or prepaids. VA, FHA, USDA, and Conventional financing all welcome.
What you get:
Brand new construction. Never occupied, transferable warranty on structural, electrical, plumbing, and HVAC systems
4 bedrooms, 2 full bathrooms. Flexible floor plan ideal for families, home offices, or guests
Open concept living and dining. Bright, modern, designed for today's lifestyle
Modern kitchen. Stainless steel appliances, granite countertops, contemporary cabinetry
Private primary suite. Spacious walk in closet and en suite bath
Cul de sac lot with privacy and minimal through traffic
NO HOA. No monthly fees, no restrictions, no approval committees
New private septic system. Just installed
New driveway and sod included before closing
Lake Wales lifestyle:
Minutes from Walk in the Water Lake. Boating, bass fishing, Old Florida charm
Close to historic downtown Lake Wales, Bok Tower Gardens, and Legoland Florida
Easy US 27 and SR 60 access to Orlando, Tampa, and the Space Coast
Lower Polk County property taxes vs. coastal Florida counties
Schedule your walk through today and secure this home before final completion.
Property sold by owner (investor LLC). Seller has never occupied the property. Transferable warranty covers structural, electrical, plumbing, and HVAC components only. Final completion items include driveway installation, sod, and remaining inspections. All measurements and features approximate. Buyer to verify.
Features
- Rooms: 10
- Bedrooms: 4
- Baths: 2 full
- Laundry: Laundry Room
- Year Built: 2026
- Garage: 2-car
- Heating: Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 1,644
- Acreage: 0.64
- Est. Taxes: $362
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- MLS#: O6376489
- Days on Market: 114 days
- Website: https://www.raveis.com
/prop/O6376489/2642magnoliacircle_lakewales_fl?source=qrflyer
Listing courtesy of Premier Agent Network Phone: 877-663-9366
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.
Customer Service
888.699.8876
Contact@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.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@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
2642 MAGNOLIA CIRCLE, Lake Wales, FL, 33898
$339,900
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 | $271,920 | $271,920 | $271,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $30 | $30 | $30 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,629 | $1,696 | $2,240 |
| Total Monthly Payment | $1,734 | $1,801 | $2,345 |
* 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