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This 4-bedroom, 2-bath single-family home in Apopka presents an incredible opportunity for investors seeking versatility and potential. Whether you envision a spacious primary residence with a separate mother-in-law suite or a multi-unit rental property, this home offers a range of possibilities. With generous square footage and a flexible layout, the property can be customized to suit your investment goals—convert it into a duplex, create a pad split for multiple rental units, or maximize its potential as a long-term or short-term rental.
?? Located near Phillis Wheatley Elementary School, restaurants, shopping centers, and colleges, this home is in a prime area for strong rental demand.
Bonus for visionary investors: While currently zoned R-3, this area also falls under the T4. 2 transect zone in the city’s urban planning framework. That means a buyer with ambition and vision could explore expanded development options such as mixed-use buildings, live/work units, small-scale retail, or increased density with a walkable community design—adding long-term value and functionality to the property. Think bigger, plan smarter, and create something truly special.
Whether you're expanding your portfolio or searching for your next investment, this is a must-see opportunity. Don't miss out—contact us today to schedule a viewing and explore the possibilities!
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Our Executive Mortgage Banker:
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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 | $248,000 | $248,000 | $248,000 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $123 | $123 | $123 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,568 | $1,629 | $2,076 |
Total Monthly Payment | $1,766 | $1,827 | $2,274 |
* 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.