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1912 SPRING AVENUE, Oviedo, FL, 32765 | $199,900
Are you ready to dive into the world of real estate investment? Here's an exceptional opportunity you won't want to miss! This unique property features two rentable units—a spacious manufactured home and a charming cottage—offering a combined monthly rental income of $2, 100. Nestled on a generous half-acre double lot, this property boasts canal frontage that provides direct access to Lake Jessup and the scenic St. Johns River, perfect for water enthusiasts and nature lovers alike.
Strategically located near highways 417 and 434, this property sits conveniently between Oviedo and Winter Springs, offering the best of both worlds: a serene, secluded atmosphere just minutes away from the bustling Winter Springs Town Center. At the end of the road, you'll find a county park complete with a picnic area and a dock on Lake Jessup, making it an ideal spot for fishing aficionados.
The property includes two distinct living spaces. The manufactured home features two bedrooms, two bathrooms, a family room, and a kitchen, complemented by a screened porch and a private driveway on the left side of the property. Recent upgrades enhance its appeal, including new vinyl flooring, freshly textured and painted walls, updated kitchen counters, modern appliances, and stylish doors.
The cozy cottage is a one-bedroom, one-bathroom block unit, boasting a newer metal roof installed just five years ago. Within the same timeframe, the seller has upgraded the space with ceramic tiles, a new shower, a window heat/air conditioning unit, kitchen cabinets, a kitchen sink, and a new front door.
Additional property enhancements include a modern septic system and drain-field, replaced approximately three years ago, along with a new macerator pump and docent tank. The units share a convenient utility room equipped with a washer and dryer, and there's a large storage shed on the property for extra space.
Don't miss out on this incredible investment opportunity. Call today for more information and take the first step toward securing your future in real estate!
Features
- Rooms: 6
- Bedrooms: 3
- Baths: 3 full
- Laundry: Outside
- Style: Florida, Traditional
- Year Built: 1980
- Garage: Driveway, RV Parking
- Heating: Wall Units / Window Unit
- Cooling: Wall/Window Unit(s)
- Approx Sq. Feet: 768
- Acreage: 0.5
- Est. Taxes: $1,857
- Lot Desc: Drainage Canal, In County, Oversized Lot, Unincorporated
- View: Trees/Woods, Water
- Elem. School: Layer Elementary
- Middle School: Indian Trails Middle
- High School: Oviedo High
- Pet Policy: Cats OK, Dogs OK
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
- MLS#: O6300444
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/O6300444/1912springavenue_oviedo_fl?source=qrflyer
Listing courtesy of EXP REALTY LLC Phone: 407-305-4300
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1912 SPRING AVENUE, Oviedo, FL, 32765
$199,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $159,920 | $159,920 | $159,920 |
| 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% | 7.025% | 6.132% |
| Monthly Tax Payment | $155 | $155 | $155 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,011 | $1,051 | $1,339 |
| Total Monthly Payment | $1,241 | $1,281 | $1,569 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388