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Virtually Staged. Welcome to this outstanding opportunity in the gated community of Bordeaux, where affordability, location, and potential come together. This ground floor 2 bedroom, 2 bathroom condominium is priced aggressively, making it the perfect cosmetic fixer upper for buyers looking to build equity while customizing a home to their own style. With room in the price for renovations and strong after renovation value potential, this is an opportunity that is becoming increasingly difficult to find.
The thoughtfully designed split floor plan is ideal for roommates or anyone who appreciates additional privacy, with the bedrooms located on opposite sides of the home. Both bedrooms feature exceptionally large walk in closets, providing an abundance of storage space. The home also features a fantastic screened lanai overlooking a beautiful landscaped garden, creating a peaceful place to relax and enjoy the Florida lifestyle.
The home's ground floor location is one of its greatest advantages. Fully ADA accessible, it features a wheelchair friendly layout with a walk in shower and easy accessibility throughout the entire home. Whether you are looking for a home without stairs, need accessibility features, or simply appreciate the convenience of first floor living, this property checks all the boxes.
Investors will also appreciate the excellent rental potential, with comparable properties averaging approximately $1, 650 to $1, 750 per month. The desirable ground floor location provides an added advantage when attracting future tenants.
Convenience continues outside your front door, as this building is one of the closest in the community to the clubhouse, resort style pool, and fitness center. The home also includes a private exterior storage closet conveniently located in the neighboring building and labeled Storage Unit #12.
The location is exceptional. Less than one quarter mile from shopping, grocery stores, restaurants, entertainment, Colonial Drive, and West Oaks Mall, you will enjoy having virtually everything you need just moments away. Orlando Health Hospital is approximately one half mile away, while State Road 408 is less than one mile from the community, providing quick access throughout the Orlando area.
Additional value comes with a 2018 HVAC system, offering peace of mind for years to come.
Whether you are searching for an affordable primary residence, an accessible home, or a smart investment with strong upside potential, this Bordeaux condominium offers outstanding value in one of the area's most convenient locations.
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:
$149,900
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 | $119,920 | $119,920 | $119,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $244 | $244 | $244 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $718 | $748 | $988 |
| Total Monthly Payment | $1,037 | $1,067 | $1,307 |
* 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.