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Welcome to the nostalgic Isle of Catalina, developed in the 1950’s & 60’s offering private canal front homesites that lead into Clear Lake. Inspired by Amsterdam and Venice, this neighborhood flourished with the influx of people moving to be near Martin Marietta, Kennedy Space Center and of course Disney World! Clear Lake is approximately 357 acres and has been enjoyed for decades as a hot spot for fishing, boating and water sports! Located just 2 miles from Downtown Orlando, this is a refreshing option to Florida’s more modern communities. Ownership perks include the Lake House pavilion with picnic tables, BBQ grills, a beach volleyball court & private boat ramp. Clear Lake as a whole has public parks that offer paved walking paths, bike trails, playgrounds, fitness stations and more! This 4 bedroom 2 bath home is constructed of block with brick accents and a lengthy brick driveway. The front porch leads into a small foyer with fun black & white encaustic look tile, setting the tone for this Anthropologie inspired bungalow. The views are stunning through the multiple sets of sliding glass doors and windows in the family room, sitting room and the kitchen! The renovated kitchen has a cozy layout with a brick fireplace and all the expected conveniences of today. A large island, illuminated by a lantern pendant, adds prep space and an additional place to sit. Countertops are quartz a nice complement to the real wood cabinets and stainless appliances. A handcrafted dining table is the best seat in the house overlooking the water and lush tropical landscape that has been years in the making! This unique home exudes comfort and relaxation, the sun sparkling off the water, the palms dancing in the wind, the clouds painted across the vivid Florida sky. The sitting and family room enjoy this same ambiance with great natural light and ample space for your big sectional! The primary bedroom has a modest ensuite bath that was updated around 2008. The guest bathroom has been completely remodeled with a new vanity and period appropriate hexagon tile, all in a fresh palette. The flooring is a beautiful wood laminate, a transitional option that goes nicely with the neutral paint scheme. The laundry room is accessible through the kitchen offering additional pantry space and garage access. Last but certainly not least, the beautiful, level, sprawling lawn that borders your 80 ft sea wall. Enjoy kayaking, fishing, boating and entertaining year round. Grab your morning cup of coffee or evening glass of wine. Relax by the water, the warmth on your face, you feel contentment. The Isle of Catalina thrives on a spirit of togetherness with community events that include charity events, block parties, lake activities, holiday celebrations and more! These events help foster relationships new and old creating one big happy family!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,900
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 | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $181 | $181 | $181 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,430 | $2,525 | $3,321 |
| Total Monthly Payment | $2,686 | $2,781 | $3,577 |
* 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.