8984 HOUSTON PLACE, #103, Orlando, FL, 32819 | $1,070,000

Price improvement. Welcome to your waterfront luxury home! This is a rare opportunity to own a first-floor unit and discover the epitome of lakefront living in this stunning two-bedroom, two-bath condominium in the desirable Masters Condos in Bay Hill. Immerse yourself in unobstructed views of the Lake Butler Chain of Lakes including covered boat slip with an electrical lift in your backyard. This meticulously maintained condominium boasts high-end finishes, an open and bright floor plan and serene ambiance. The gourmet kitchen is a chef's dream, featuring stone countertops, a large island, ice maker, eat-in breakfast space, large pantry, Thermador convection oven with a warming tray, microwave and ample storage in beautiful cherry wood soft-close cabinets. Flooded with natural light, the floor plan is ideal for entertaining with an impressive built-in wet bar and refrigerator. The spacious family room features ceramic tile and massive double glass sliding doors that showcase the breathtaking waterfront views, visible from almost every room. The lake vistas continue in the primary bedroom featuring double sliding glass doors and spa-like bath with a beautiful double-sink vanity, a tiled shower and an enormous walk-in closet. Experience carefree living at its finest with exterior maintenance, insurance and structural concerns covered by the association. With only 11 units in the renowned Masters condominium community, this property won't last long. The one-car garage includes a 220-volt electrical outlet for your electric vehicle, plus room for your golf cart. Additional parking is available in the brick-paved driveway or guest parking spaces. The iconic Lake Butler Chain of Lakes offers endless entertainment, such as boating, fishing, water sports and more. Enjoy stunning nature views or simply relax on your private, brick-paved lanai while drinking in the breathtaking sunsets. Community dock space is also available for entertaining. Enjoy the many amenities that a private Bay Hill membership offers, including golf, tennis, pickleball, a fitness center, a pool, a marina, dining rooms, lounges, meeting and banquet facilities, and numerous social and recreational events. This property is on a quiet cul-de-sac street yet offers unparalleled convenience, just minutes from Universal Studios Orlando, Restaurant Row, Disney's Hollywood Studios, Volcano Bay, shopping and more. It's also 20 minutes to the Orlando International Airport, Disney and downtown Orlando.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Clubhouse, Fitness Center, Golf Course, Maintenance, Pickleball Court(s), Pool, Racquetball, Recreation Facilities, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: MASTERS CONDO
  • Year Built: 1979
  • Common Charge: $702 Monthly
  • Approx Sq. Feet: 2,155
  • Acreage: 0.27
  • Est. Taxes: $10,183
  • Lot Desc: Near Marina
  • View: Water
  • Pet Policy: Number Limit
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Water Purifier
  • MLS#: O6251392
  • Days on Market: 149 days
  • Website: https://www.raveis.com
    /prop/O6251392/8984houstonplace_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/16/2025 8:35:32 PM)

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8984 HOUSTON PLACE, #103, Orlando, FL, 32819

$1,070,000

Silvers Team

Sales Associate

William Raveis Real Estate

Phone: 239.287.5206

SilversTeam@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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $856,000 $856,000 $856,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.813% 6.739% 6.581%
Monthly Tax Payment $849 $849 $849
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,271 $5,481 $7,398
Total Monthly Payment $6,245 $6,455 $8,372

* 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.