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Save Big: Receive a 1% lender credit toward closing costs or a rate buy-down. Ask for details! No HOA. USDA loan eligible, which means zero down payment. Pair that with the lender credit and getting into this home becomes remarkably affordable.
Set on nearly half an acre, this charming Mount Dora property combines space, flexibility, and a highly desirable Central Florida location. The nearly half-acre lot provides ample room for a boat, RV, or additional recreational storage, accommodating a wide range of lifestyles.
Inside, comfortable and inviting living spaces are designed for easy everyday living. The expansive enclosed back porch extends the living area outdoors, creating a versatile space for entertaining, relaxing, or taking in the fully fenced backyard. Thoughtful updates add lasting value, including a newer HVAC system (2023) and water heater (2021) for peace of mind.
The location is a standout. Positioned near SR 429 for a quick commute to Orlando, this home sits just minutes from downtown Mount Dora, Renninger's, and Kelly Park/Rock Springs, with Trimble Park's boat ramp approximately 4 minutes away and fast access to the Harris Chain of Lakes from there.
Space, convenience, and an unbeatable location come together in a rare opportunity to enjoy Central Florida living on your terms. Call today to schedule your showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$394,900
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 | $315,920 | $315,920 | $315,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $160 | $160 | $160 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,869 | $1,971 | $2,602 |
| Total Monthly Payment | $2,104 | $2,206 | $2,837 |
* 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.