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One or more photo(s) has been virtually staged. Located in The Villages, a 55+ community, 1537 Doral Cir, Lady Lake, FL 32159 is a 2 bedroom, 2 bathroom home with approximately 1, 144 square feet on a 5, 227 square foot lot, giving buyers an opportunity to enter one of Central Florida’s most recognized retirement destinations with a property that has clear upside for improvement. This home is well suited for someone who values the location, community access, and golf cart lifestyle of The Villages and understands the advantage of buying a property where the next improvements can be made to match their own taste. The layout is straightforward and functional, with a primary suite that includes a stand up shower, a guest bath with tub, and a floor plan that does not need to be reinvented to be useful. The interior is dated, but that is also where the opportunity is. Carpeting remains in the primary and guest bedrooms, tile and vinyl flooring run through other areas, and the kitchen appliances are original, with no dishwasher currently in place. For the buyer looking for a Lady Lake fixer upper in The Villages, that creates a direct path to modernize the spaces that matter most rather than paying for finishes they may replace anyway. The roof is older, was reportedly coated and sealed recently, and is still considered near the end of its useful life, which is an important factor for buyers planning their renovation budget. The central air system is older as well and is not cooling correctly, with window units currently being used, while the heat is reported to be working. Electrical and plumbing were both noted as good, which helps define the project more around updating and replacing selected components than dealing with a long list of unknown system issues. Some windows have been updated, while others remain original to the home. That mix makes this property a practical fit for a buyer who wants to improve over time with a clear plan rather than step into a full structural overhaul. Public sewer is in place, and the home is owner occupied as the seller prepares for a move. What gives this property real search value is the setting. Buyers searching online for a home in The Villages, a 55+ home in Lady Lake, an affordable retirement home in Central Florida, or a Villages property with renovation potential are usually trying to balance community lifestyle with entry price and upgrade potential. This home fits that lane. It is positioned for someone who wants access to the larger Villages area, nearby golf cart routes, shopping, dining, social activity, and the convenience that keeps demand strong in this market. HOA is reported at approximately $204 monthly, and the property is being presented as a home with solid location value and a defined improvement path. For buyers searching for a 2 bedroom 2 bathroom home in The Villages, a Lady Lake home with upside, or a Florida retirement property they can personalize, 1537 Doral Cir is a strong opportunity to create value in a location that continues to draw long term interest. One or more photo(s) has been virtually staged
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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 | $79,920 | $79,920 | $79,920 |
| 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 | $164 | $164 | $164 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $492 | $505 | $664 |
| Total Monthly Payment | $731 | $744 | $903 |
* 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.