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Great income producing property in the highly desirable 32804 zip code, offering a versatile setup with a spacious main residence featuring 2
bedrooms and 2 bathrooms plus a separate 1 bedroom 1 bathroom unit, creating the perfect opportunity to live in one and rent the other,
generate dual rental income, or redevelop the lot into a stunning multimillion dollar custom home. The main home showcases an open living and
dining layout with wood style flooring, a cozy fireplace focal point, and a functional kitchen with ample cabinetry and workspace, while the
bedrooms provide comfortable layouts and natural light. The additional unit offers its own private entrance and living space, ideal for tenants,
guests, or extended family. Outdoor areas include multiple deck spaces and a generously sized yard with mature trees, offering privacy and
room for customization or expansion. Positioned in the heart of College Park, just minutes from the vibrant Edgewater Drive corridor, you are
surrounded by some of Orlando’s most loved local spots including The Ravenous Pig, Armando’s, RusTeak, and Christo’s Cafe, along with coffee
favorites like Foxtail Coffee Co. and deeply rooted community staples like Infusion Tea. Enjoy boutique shopping and neighborhood charm at
places like Adjectives Market and The Lovely Boutique Market, all contributing to the highly sought after walkable lifestyle this area is known for.
This prime location also places you just a short drive to Downtown Orlando, Winter Park’s Park Avenue, and cultural destinations like the Orlando
Museum of Art and Loch Haven Park. Convenient access to major highways including I 4, 408, and 429 makes commuting throughout Central
Florida seamless, with Orlando Health and AdventHealth hospitals nearby and Orlando International Airport approximately 25 minutes away.
Surrounded by established neighborhoods and ongoing redevelopment, this is a rare chance to secure a flexible property in one of Orlando’s
most desirable areas with strong income potential and long term upside.
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:
$455,000
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 | $364,000 | $364,000 | $364,000 |
| 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 | $285 | $285 | $285 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,241 | $2,298 | $3,023 |
| Total Monthly Payment | $2,601 | $2,658 | $3,383 |
* 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.