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Your 4 bed 3. 5 bath townhome in central Florida, in gated Regal Palms Resort, a sought-after short-term rental community just a short distance away from Walt Disney World and Universal Studios, is perfect for a primary, winter, or vacation residence or short-term income generating rental! New roof and water heater in 2023, New HVAC, thermostat, and luxury vinyl flooring in 2024! Entering the home through a covered front porch and generous foyer, the modern open floor plan is bright and sunlit from the kitchen to the living room with glass sliding doors to the covered lanai. The open floor plan in this fully furnished and turnkey unit has two owner’s suites (or in-law suite). The downstairs suite has a private exterior entrance and full ensuite bathroom, and the second suite is upstairs with an oversized bathroom with garden tub and vanity, walk in closet and a balcony! Two additional bedrooms and a bathroom are upstairs as well as the laundry closet.
The Regal Palm Resort, with 24-hour guard gate and guest check in, allows residents and guests resort style amenities including a clubhouse with full service restaurant and sports bar, a heated swimming pool with slide and lazy river, fitness center, game room and sauna. Located just minutes from major highways that allow you to enjoy all of central Florida! 24-Hour Guard, Cable TV, Community Pool, Internet, Maintenance Exterior, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, and Security manned gate are included in the monthly HOA fee. Owning a home in Regal Palms combines the convenience of being a member of a vibrant community to live in and allowing you to use that home as an investment opportunity of a short term rental. Come take a look at the possibilities available to you as a homeowner in Regal Palms where everyday feels like vacation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.906% | 7.025% | 6.026% |
Monthly Tax Payment | $305 | $305 | $305 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,604 | $1,734 | $2,192 |
Total Monthly Payment | $1,984 | $2,114 | $2,572 |
* 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.