Well maintained South Gate Village Green 55+ community, just minutes from Siesta Key Beaches, Downtown Sarasota and with easy access to Beneva and Bee Ridge Rd. This two bedroom, one and a half bath, one car garage villa is located on a private, quiet Cul De Sac back in this subdivision. It stands alone, attached to the other villa only by the garage. Its floor plan allows for a separate living room, dining room (currently used as an office) and spacious, air-conditioned Florida Room, that is large enough to be used as a dining room (current use) and sitting area or it can be enclosed with sliders and shades and used as an extra bedroom for your guests. The back door leads outside to the back of the property with the community pool right at your reach. Side porch can be accessed by front door or from the kitchen and it creates a nice private space for your morning coffees or evening grilling and drinks. A/C was replaced in 2023, sewer pipes relined in 2019 and the flat garage roof was replaced in November 2024.
This could be your perfect winter getaway or full-time home - a maintenance-free Florida lifestyle at an affordable price in the heart of Sarasota! The community did not flood during recent hurricanes! Furnishing and decorations except for personal items and some decor can be included in the sale or purchased on separate bill of sale.
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Our Executive Mortgage Banker:
Our Insurance Division:
$235,000
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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $215 | $215 | $215 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,298 | $1,267 | $1,599 |
Total Monthly Payment | $1,588 | $1,557 | $1,889 |
* 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.