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One or more photo(s) has been virtually staged. ** Receive a 1% lender credit towards closing costs or rate buy-downs when you use our preferred lender!** Welcome to your dream home on the shores of Lake Faith! This beautifully updated residence offers the perfect blend of modern upgrades, classic charm, and unbeatable lakefront living.
Step inside to discover a home that's been thoughtfully upgraded for comfort and style. Key improvements include a brand new AC system (2024), new roof (2022), new water heater (2022), new plumbing (2020), and new windows and blinds throughout. The kitchen has been completely remodeled, featuring stunning quartz countertops, stainless steel appliances, extra storage with a stylish barn door, and an open layout perfect for entertaining. This entertainer’s dream continues into the Florida room-style family room with soaring 9-foot ceilings and elegant French doors that open to your private outdoor oasis. Whether you're hosting guests or enjoying a quiet evening, this seamless indoor-outdoor flow is perfect for Florida living. The spacious, fenced backyard is both pet-friendly and ideal for those who value nature and privacy. Picture cozy evenings in the formal living room by the wood-burning fireplace, and peaceful mornings gazing out over the water views right across from Lake Faith. Inside, the split floor plan offers maximum privacy, with a 20-foot hallway leading to three generously sized guest bedrooms and a beautifully renovated guest bathroom. Outdoor lovers and water enthusiasts—this is the spot for you! With Lake Faith right across the street, you’ll have direct access to all the water fun you can handle. Launch your boat from the public boat ramp at Fort Maitland Park, and enjoy motorized boating, kayaking, paddleboarding, canoeing, and fishing – all just steps from your door. Additional highlights include: No HOA! Ample driveway space – bring your boat or jet skis with ease, Easy access to I-4 and major freeways, Located in a top-rated school district. This is more than just a home – it’s a lifestyle. Whether you're entertaining, relaxing, or exploring the lake, 505 Lake Shore Dr offers it all. Schedule your private showing today and make lake life your everyday life!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $186 | $186 | $186 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,244 | $3,416 | $4,353 |
Total Monthly Payment | $3,522 | $3,694 | $4,631 |
* 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.