A ground floor 2 bed/2bath coach house in the highly sought after Sarasota community of The Landings. Why not spend the winter enjoying time outside, on your private patio or make use of the Landings Racquet Club which offers 8 Har-Tru tennis courts, a thermal dynamic pool, hot tub, fitness center, library, and many social activities. As you enter the foyer of this condo, you will be drawn into the expansive great room with combination living and dining room with tile floors and built-in cabinets. Further on the original lanai space has been glass enclosed and is set up as a casual entertaining space overlooking the preserve area and mature vegetation of The Landings. The kitchen, opening to the back patio, also offers space for casual dining. A split bedroom floorplan allows for maximum privacy. The master bedroom features bonus space for your home office and an en-suite with an expansive shower and walk-in closet. The second bedroom has a built-in desk and custom wall cabinetry. There is an laundry room and single car garage. Small pets are welcome. After a year of ownership, the minimum rental period is 3 months. This convenient “West of the Trail” location is just 4 miles from nearby Siesta Key beach, close to popular shopping and dining. The Landings also has a nature trail to the Intracoastal Waterway with options for launching your kayak. Start now to enjoy The Landings, Sarasota, and Florida.
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Our Executive Mortgage Banker:
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$390,000
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 | $312,000 | $312,000 | $312,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $321 | $321 | $321 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,076 | $2,074 | $2,675 |
Total Monthly Payment | $2,472 | $2,470 | $3,071 |
* 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.