|
431 BALBOA BOULEVARD, Clermont, FL, 34715 | $590,000
Welcome to 431 Balboa Blvd in the highly desirable Verde Ridge, a beautifully maintained income-producing pool home offering the perfect combination of comfort, investment potential, and the sought-after Central Florida lifestyle. Located on a quiet dead-end street with minimal traffic, this spacious 5 bedrooms, 3. 5 bathrooms residence is currently tenant-occupied, creating an excellent opportunity for investors seeking immediate rental income or future Florida residents planning ahead for retirement while generating income in the meantime.
This thoughtfully designed home features a desirable first floor primary master suite with direct access to the covered lanai, spacious walk-in closet, dual vanities, soaking tub, separate shower, and private water closet. The main floor also includes the laundry room and an oversized interior storage room for added convenience and functionality.
Step inside and appreciate the elegant combination of luxury vinyl plank flooring and ceramic tile throughout the entire main living areas of the first floor, offering both durability and modern style. The grand foyer with soaring ceilings welcomes you into spacious living and entertaining areas, including a formal dining room and an expansive gourmet kitchen featuring 42” cabinetry, stainless steel appliances, breakfast bar seating, and a breakfast nook overlooking the pool and outdoor living area.
Upstairs, you’ll find four spacious bedrooms, two full bathrooms, and a versatile bonus room perfect for a media room, home office, fitness area, or game room.
Enjoy Florida outdoor living at its finest with your own oversized fully fenced backyard oasis featuring a sparkling in-ground pool, paved pool deck, expansive screened enclosure, and extended covered & screened lanai perfect for family gatherings, entertaining, and year-round outdoor living.
Additional upgrades and features include fresh interior paint (2024), luxury waterproof vinyl flooring (2024), updated garage flooring (2024), under-stair storage, garage door opener, and a one-year home warranty offered with the sale for additional peace of mind.
Residents of Verde Ridge enjoy exceptional connectivity and lifestyle conveniences with easy access to the Lake Minneola Scenic Trail, part of the larger South Lake Trail system, the West Orange Trail, the Florida Turnpike, State Road 50, and nearby communities including Minneola, Montverde, and Clermont. Live just minutes away from the magic of Central Florida’s world-class theme parks while also enjoying proximity to championship golf courses, natural lakes, shopping, fine dining, hospitals, and the vibrant downtown Clermont events and waterfront lifestyle.
Community amenities include a resort-style pool, playground, gazebo, and beautifully maintained common areas.
Whether you are looking to expand your real estate portfolio, secure a future retirement home, or enjoy the benefits of a spacious Central Florida residence with immediate income potential, this property offers an exceptional opportunity in one of Clermont’s most established communities
Schedule your private showing today.
Features
- Amenities: Playground, Pool
- Rooms: 13
- Bedrooms: 5
- Baths: 3 full / 1 half
- Lot Size: 86' x 140'
- Laundry: Laundry Room, Inside
- Style: Craftsman
- Year Built: 2006
- Garage: 2-car Driveway, Garage Door Opener
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 2,752
- Acreage: 0.27
- Lot Size: 86' x 140'
- Est. Taxes: $7,464
- HOA Fee: $85 Monthly
- Lot Desc: Oversized Lot, Sidewalk, Street Dead-End
- Elem. School: Grassy Lake Elementary
- Middle School: East Ridge Middle
- High School: Lake Minneola High
- Pool: In Ground, Screen Enclosure, Deck
- Pet Policy: Yes
- Appliances: Microwave, Range, Refrigerator, Dishwasher, Disposal, Electric Water Heater
- MLS#: G5112153
- Days on Market: 9 days
- Website: https://www.raveis.com
/prop/G5112153/431balboaboulevard_clermont_fl?source=qrflyer
Listing courtesy of WATSON REALTY CORP., REALTORS Phone: 352-243-7374
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
431 BALBOA BOULEVARD, Clermont, FL, 34715
$590,000
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 | $472,000 | $472,000 | $472,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $622 | $622 | $622 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,906 | $3,022 | $3,951 |
| Total Monthly Payment | $3,620 | $3,736 | $4,665 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388