|
PRICE REDUCED – Rare Lakefront Estate on Lake Rosalie Now $489, 500! Don’t miss this exceptional opportunity! Set on 2. 25 private acres with 150+ feet of direct Lake Rosalie frontage in the exclusive gated South Shore Oaks community, this architect-designed lakefront home by renowned South Florida architect Daniel Adache is now priced to sell fast. Built in 1990 with striking modern lines, the home features soaring 20-foot vaulted ceilings, dramatic floor-to-ceiling windows overlooking conservation and the lake, and a warm central fireplace that creates an open, inviting atmosphere. Two bedrooms with private balcony access offer peaceful lake breezes and wildlife viewing. Outside, enjoy world-class largemouth bass fishing and boating from your own private dock on the 4, 537-acre Lake Rosalie — part of the famous Kissimmee River Chain of Lakes. The expansive grounds include fruit trees and two outbuildings, giving you endless flexibility for storage, hobbies, or future expansion. Located on Florida’s highest ridge in Lake Wales, you’re just one hour from Tampa, Orlando, and Vero Beach, with nearby attractions like Bok Tower Gardens and Spook Hill. Wake to rocket launches visible to the east and enjoy spectacular sunsets to the west. Priced at $489, 500, this rare combination of lakefront acreage, privacy, and architectural character represents outstanding value. Properties like this do not last long — schedule your private showing today before it’s gone!
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:
$489,500
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $391,600 | $391,600 | $391,600 |
| 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 | $249 | $249 | $249 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,345 | $2,443 | $3,226 |
| Total Monthly Payment | $2,669 | $2,767 | $3,550 |
* 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.