Active

$399,999

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1622 sq ft
Overview
  • ID: MFRV4945897
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1622 sq ft
Property Details
Remarks
Welcome to 5416 Frederick Lake Drive, a beautifully maintained 4-bedroom, 2-bath home nestled in the sought-after Forest Lake Preserve community of Port Orange. This move-in ready gem combines comfort, convenience, and serious efficiency—just minutes from shopping, dining, the beach, I-95, and everything you could wish for. This home’s superpower is its financial and energy package: an assumable FHA mortgage at 3 percent with a current balance of $211,202 and total payment of approximately $1,668 per month (PITI, per seller; subject to lender approval and buyer qualification) paired with a 30-panel solar array installed with the new roof in 2022, producing an average of 1.22 MWh per month. In a high-rate, high-utility-cost environment, this combination offers a rare opportunity to lower both your monthly payment and your power bill. Step inside to a spacious, light-filled layout featuring vaulted ceilings and a natural flow between living, dining, and kitchen spaces. The living area opens through sliding glass doors to a screened lanai overlooking a tranquil nature preserve, offering a private backdrop for morning coffee or evening gatherings. Cat5 Ethernet with a 5 port switch will have your entire home poised for the future. The split-bedroom design provides privacy for everyone. The expansive primary suite boasts a tray ceiling, large walk-in closet, and a spa-style ensuite with dual vanities, a garden tub, and a separate walk-in shower. Three additional bedrooms offer flexibility for family, guests, or home office needs. The eat-in kitchen includes a breakfast bar, plenty of cabinet space, and an open view of the living area—perfect for everyday meals or entertaining. An indoor laundry room and two-car garage add extra convenience. Recent upgrades include: • New Roof (2022) with 20-year workmanship and 50-year manufacturer warranties • 30 Solar Panels (2022) producing an average of 1.22 MWh per month, dramatically reducing energy costs • Wrap-around Gutters (2022) • HVAC System (2019) Set within a quiet, family-friendly neighborhood, this home backs directly to a protected nature preserve, giving you both peace and privacy with easy access to everything Port Orange has to offer. Combined with the assumable 3 percent FHA loan and high-output solar system, this home delivers an exceptional value and a real financial edge for the right buyer.
Financial Considerations
Price:
$399,999
HOA Fee:
440
Tax Amount:
$4073.24
Price per SqFt:
$246.61
Tax Legal Description:
LOT 183 FOREST LAKES PRESERVE PHASE III MB 50 PGS 1 THRU 4 PER OR 5292 PG 4837 PER OR 8058 PG 0876
Exterior Features
Lot Size:
6050
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric, Heat Pump
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Carpet, Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2004
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
Rain Gutters, Sidewalk, Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    5416 FREDERICK LAKE DR
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