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Under contract-accepting backup offers. This stunning waterfront condo on Lake Dora in downtown Mount Dora offers breathtaking views and modern upgrades. Completely renovated in 2012, it features expansive picturesque windows that frame the lake’s beauty, often enhanced by vibrant sunset hues. The fabulous screened porch overlooks Lake Dora and the deeded boat slip for boat enthusiasts. The two-bedroom, two-bath home includes a loft office, an open floor plan, and a well-appointed kitchen with both dining and eat-in spaces. The primary suite boasts serene lake views, an office nook, two spacious walk-in closets, separate vanities, a water closet, and a luxurious shower. The guest suite also overlooks the water and includes a walk-in closet and en suite bath. A one-car garage and an additional parking space provide convenience. With direct access to Mount Dora’s lively waterfront, enjoy front-row views of boating activities and the town’s renowned festivals from this truly one-of-a-kind residence. Call for your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
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 | $560,000 | $560,000 | $560,000 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $505 | $505 | $505 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,494 | $3,679 | $4,688 |
Total Monthly Payment | $4,091 | $4,276 | $5,285 |
* 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.