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Pre-Construction. To be built. Welcome to 48 Oakridge Drive, nestled in the charming city of Frostproof, Florida, a tranquil retreat known for its picturesque landscapes and friendly community atmosphere. This brand-new manufactured home sits on a full-acre lot, giving you plenty of room to store your boat or RV. This beautifully designed Prime model manufactured home offers 3 bedrooms and 2 bathrooms, and a spacious, open floor plan ideal for modern living. From the moment you step inside, you’ll appreciate the high-quality finishes and attention to detail with vinyl flooring throughout. The spacious living room seamlessly flows into the kitchen and dining area, perfect for entertaining guests. The master bedroom is a serene retreat, with a luxurious en-suite master bath with a dual sink vanity, shower and a walk-in closet. The chef-inspired kitchen is equipped with brand-new stainless steel appliances, featuring a central island with a breakfast bar, shaker-style cabinets, and pantry. Two additional bedrooms provide plenty of space for family members or guests, each with walk-in closet. The second bathroom offers a tub, perfect for unwinding after a long day. Additionally, the utility room is a great space for laundry and storage, adding to the home’s overall convenience. Outdoor enthusiasts will appreciate the proximity to Lake Clinch and Lake Reedy for batting and fishing, and nearby nature reserves are perfect for hiking and enjoying the abundant wildlife. This home is just a short drive from Frostproof's charming downtown area, which offers a selection of local shops, eateries, and community events, fostering a warm and welcoming small-town vibe. Don’t miss out on this incredible opportunity to own a stunning manufactured home in a prime location with no HOA and no lot rent! Schedule your viewing today to make 48 Oakridge Drive your home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$262,900
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 | $210,320 | $210,320 | $210,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $23 | $23 | $23 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,329 | $1,382 | $1,761 |
Total Monthly Payment | $1,427 | $1,480 | $1,859 |
* 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.