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Virtually Staged. Beautiful and affordable "2 Year New" villa (Magnolia model) in the Groves at Orange Blossom, a gated community with pool and tennis/pickleball courts. The Owners also have the use of the large clubhouse across Oil Well Road in the "Ranch" at Orange Blossom with amazing pool, fitness room, tennis courts and more! With 3 bedrooms, 2 baths and a 2 car garage (epoxy flooring), this unit has a very nice Open Floor Plan. The Owner has kept this home in immaculate condition and added upgrades such as whole house water filtration/water purification system, newly screened-in front porch, new cabinetry in the laundry room and pull out shelving in some kitchen cabinets. The view of the pond from the great room and extended lanai is so peaceful and inviting! There is a split bedroom feature, high ceilings and a 3rd bedroom (with closet) which can also be used as a home office with double door entry. Best of all. . . a large kitchen with 42" cabinetry, solid surface countertops, large breakfast bar opening from kitchen to dining room. All appliances inc: range, refrigerator, microwave, dishwasher, garbage disposal and full size washer and dryer! Ready for immediate occupancy upon HOA approval! The community has sidewalks throughout for those who like to exercise or just to take a nice stroll! Just outside of the community are schools and a brand new "Publix" anchored shopping center with many new businesses opening up soon to service the new communities along Oil Well Road!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
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 | $319,920 | $319,920 | $319,920 |
| 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% | 6.640% | 5.972% |
| Monthly Tax Payment | $389 | $389 | $389 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,944 | $2,020 | $2,657 |
| Total Monthly Payment | $2,408 | $2,484 | $3,121 |
* 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.