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Attention Seasoned or First-time Investors! Seize this rare opportunity to own a brand-new, versatile live/work unit in the vibrant heart of the mall Oviedo on the Park. This exceptional property offers immediate income potential with 3 units, also allowing for short-term rental, and was built by renowned builder Jordan Homes. The ground-floor office is already leased for $2, 500 a month, while the luxurious three-bedroom townhouse brings in $2, 995 monthly. With a separate one-bedroom apartment above the garage that can be rented from $1450 to $1650, the possibilities are endless. Live upstairs, run your business downstairs, and rent out the rest. On the ground floor, a spacious office features approximately 600 square feet, an ADA-compliant bathroom, and a signage opportunity at the front. The second and third floors boast a luxurious townhouse with three bedrooms, two and a half bathrooms, a large family room, a breakfast nook, and a gourmet kitchen equipped with stainless steel appliances, white cabinets, quartz countertops, and a wine cooler. Elegant wood-looking laminate flooring and large windows complete the luxury design. Townhome occupants will also enjoy the convenience of a two-car garage and a private patio. Above the garage, a separate one-bedroom, one-bath apartment is perfect for additional rental income. Each unit has its own address, mailbox, and utilities, offering flexibility for investors. Located steps from dining, shopping, and entertainment, this is an incredible opportunity! Don’t miss out—schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,145,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $916,000 | $916,000 | $916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.475% | 6.309% |
Monthly Tax Payment | $96 | $96 | $96 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,492 | $5,715 | $7,792 |
Total Monthly Payment | $5,713 | $5,936 | $8,013 |
* 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.