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Experience the best of Florida living in this stunning FULLY FURNISHED home located at 386 Riggs Circle, nestled in the heart of Lake Davenport Estates in Davenport, FL. This beautiful 5-bedroom, 3. 5-bathroom residence offers a perfect blend of comfort, style, and convenience, making it an ideal place to call home. This home boasts a generous floor plan with ample living space, perfect for both relaxation and entertaining. The open-concept design connects the living room, dining area, and kitchen seamlessly. The large master bedroom offers a private retreat with a walk-in closet and an en-suite bathroom, complete with a garden tub and separate shower. Four additional bedrooms provide plenty of space for family, guests, home office or even a gym. With 3. 5 bathrooms, this home ensures convenience and comfort for all residents and guests. Step outside to your West facing fenced in private backyard haven ensuring longer sun time, complete with a screened in covered patio and a sparkling pool, perfect for enjoying Florida’s sunny days. The attached 2 car garage provides convenient parking and extra storage space. A new roof was installed August 2021 and Pool was resurfaced in 2019 Entire home laminate flooring was done 2019 . All walls, doors (interior and exterior), baseboards, garage door, and kitchen cabinets were just freshly painted, (July 2024) including the concrete pool deck. All the furniture is BRAND NEW just purchased. The prime location is conveniently close to major roads, highways, and Interstate I-4, offering easy access to entertainment, shopping, restaurants, and commuting routes, making it an ideal choice for families and professionals alike. In addition to being an amazing family home, this property is ideally located for short-term rental opportunities. With its proximity to the popular Florida theme parks, and especially being less than 20 minutes from Disney property, it presents an excellent investment opportunity for those looking to capitalize on the thriving vacation rental market in Central Florida. Whether you're looking for a primary residence or an income-generating investment, this property promises a lifestyle of comfort, convenience, and potential returns. Come and see this home to experience firsthand the exceptional quality and unmatched value offered by 386 Riggs Circle. Don't miss out on this opportunity to own an amazing home with significant investment potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
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 | $388,000 | $388,000 | $388,000 |
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 | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,452 | $2,549 | $3,248 |
Total Monthly Payment | $2,956 | $3,053 | $3,752 |
* 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.