Affordable Living: Exploring Florida Homes Under $200,000

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Mortgage Overview:
  • Current mortgage rates around 7.5%, with a $200,000 loan amount leading to a monthly payment of approximately $1,400.
Property Listings:
  • Sebring, FL:
    • Price: $175,000
    • Features: 2 bedrooms, 2 bathrooms, 1,500 sq ft, 2-car garage, decent front lawn.
  • Tallahassee, FL:
    • Price: $195,000
    • Features: 4 bedrooms, 2 bathrooms, larger number of bedrooms, smaller square footage, carport, large front yard.
  • Sebring, FL (Cheaper Option):
    • Price: $169,000
    • Features: 2 bedrooms, 1 bathroom, 1,100 sq ft, no carport or driveway, remodeled interior with stainless steel appliances and laminate floors.
  • Ocala, FL (Rural Option):
    • Price: $180,000
    • Features: 2 bedrooms, 1 bathroom, remodeled home, private backyard, new kitchen with stainless steel appliances, laminate floors, fresh paint.
Mortgage Payment Estimate:
  • A home priced around $180,000 would have a mortgage payment around $1,000 per month.
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  • Theme: Properties with more than five acres for extra space and elbow room.
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Affordable Living: Exploring Florida Homes Under $200,000
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