11154 Park Ave, Windermere, FL 34786
5 beds · 4 baths · 3,355 sqft sqft
Unbeatable Opportunity to own this beautifully renovated home with Charming Character and DEEDED PRIVATE ACCESS TO BUTLER CHAIN OF LAKES! ROOF 2019- A true architectural masterpiece nestled in the reputable City of Windermere. This property is not just a home; its a chance to truly embark on a lifestyle of the town and the Lake! This 5 bedroom 4 bathroom residence boasts over 3300 square feet sitting on a spacious lot; this home blends the finest of designer details with relaxed charm. As you approach this property you will be in awe with its mature lush green landscaping and curb appeal. This home is a true mix of a Modern Masterpiece with tasteful features such as Two Stone Fireplaces, Custom Built in features, Brick ArchWays and a highly desirable functional floor plan perfect for entertaining large amounts of guests. As you step in side you will be welcomed by your spacious living and formal dining area! Make your way into your DREAM Chefs Kitchen with Top of the line finishes, Brown Marbled Granite Counters, Solid Wood and Glass Cabinets, LED Lighting, Stainless Steel Appliances, including high-end Microwave Drawer, Dedicated Coffee Bar and Built in Custom Wine Rack! Secluded off the kitchen is an additional Bonus Area perfect for a home office, extra storage, or even a hidden butlers pantry. This truly is a DREAM kitchen you would see featured in a magazine gorgeously lit and in the HEART of the home! Continue into your formal family room which is generously sized and perfectly aligned for max entertainment, and what is a family room without its own WET BAR to entertain guests off the kitchen! Step inside your Luxury Master Bedroom with Gorgeous accent wall and fixtures. Ensuite Bathroom feels like you have escaped to a SPA; coming with Dual Sinks, Updated Vanities, Stone Shower Stall, Lux Soaking Garden Tub, and Dual Walk-In Closets. Additionally enjoy a second version of a Master Adjacent with its own private ensuite bathroom and access to the exterior of the home! 3 Remaining Bedrooms sit at the front of the home with an additional bedroom and ensuite bathroom creating 3 Bedrooms with their own private bathroom in this residence! Unlock your charming French Doors to your private fenced in backyard and FIREPIT oasis! With a screened in covered patio, and expansive exterior living space you can see where entertaining would be NO issue in this residence inside or outside! Enjoy all the mature landscaping and Gorgeous oaks! This property is one of few with Private Lake Access to the dock off Lake Butler Blvd- Enjoy boating, fishing, and skiing all at your convenience while additionally taking a quick ride to Downtown Windermere. The city is known for it’s small town charm, Top Rated schools, The Butler Chain of Lakes, and a lively downtown with events like the Weekly Farmers Market, Family Food Truck Night, and the Windermere Wine & Dine. You will enjoy cobblestone streets lined with Boutiques, Coffee shops, Restaurants, and recreational facilities made up of tennis courts, playgrounds, boat ramps and walking trails. Conveniently located across from Windermere Elementary, and close to the Turnpikes & 408 / 429 making this a perfect location in the heart of Central FL! Come view this beautiful and elegant property today!
Source: STELLAR #o6210864
You may be able to put down less than the total down payment amount of $484,352 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6210864
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #o6210864
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.