LOCATION, LOCATION LOCATION!! Neat as a pin, centrally located, light and bright condo available in the community of the Meadows in Sarasota. This second floor, turnkey furnished condo has been meticulously taken care of and is ready for a rental from May through January. The condo has two bedrooms, two bathrooms, split floor plan, renovated kitchen with eat in area and lovely enclosed lanai for dining. The kitchen has stainless appliances, stone counter tops and a breakfast table. The living room has comfortable seating and a large flat screen television. The enclosed lanai has a dining area and views on to the pool and courtyard. The primary bedroom has a queen sized bed, access to the enclosed lanai, large closet and a newly remodeled on suite bathroom with a walk in shower. The guest bedroom has a queen sized bed and an onsite bathroom with a tub/shower combination. The condo comes with one assigned parking space. No trucks allowed due to the Association bylaws. This is a no smoking and no pets allowed unit. The community has lots of lush landscaping, walking/biking trails, many lakes and is located near UTC mall, University Parkway with all its shopping, restaurants, coffee shops and much, much more. Also in close proximity to Fruitville Road, Lakewood Ranch and the Sarasota beaches. This condo will not last long. Call today!!!
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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 | $1,840 | $1,840 | $1,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $12 | $16 |
Total Monthly Payment | $87 | $87 | $91 |
* 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.