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Rare master unit available in Fairways #7 in SE Ocala, Florida. The master unit is a single floor condo with no one above you and is located at the end of building overlooking the well maintained common area as well as the community pool. The condo offers you 2 full bedrooms, 2 full baths and 1189 square feet of living space as well as an additional 207 square feet on your enclosed lanai. A unique feature in Fairways #7 is that each unit has a inside laundry room able to fit both a full size washer and dryer. The lanai is a great place to relax or enjoy your morning cup of coffee. When you enter the condo you walk into a large living and dining area along with an open kitchen that features a full sized pantry and plenty of cabinet storage and counter tops. Both bedrooms feature walk in closets to handle all your storage needs. The primary bath has been updated with a walk in shower. Fairways #7 monthly HOA fees include use of the community pool, basic tv, insurance, maintenance on the building and common areas and garbage pick up. Located close to the Silver Springs Shores Golf & Country Club as well as the Silver Springs Shores Community center which you can belong to for $5 a year. The center offers 3 pools, pickleball, basketball, volleyball, gym, meeting area and many groups and activities everyday.
Inside pictures will be available by Saturday 5/10/25.
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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 | $123,920 | $123,920 | $123,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.154% | 6.248% |
Monthly Tax Payment | $193 | $193 | $193 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $783 | $824 | $1,045 |
Total Monthly Payment | $1,051 | $1,092 | $1,313 |
* 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.