This nicely updated unit has just about everything completed and it is waiting for its new owner. The updates include newer windows and sliding lanai doors, electrical panel, and new luxury vinyl plank floors that have been installed in all rooms even the bedrooms, so there is no carpeting to vacuum, and to top it off, the seller just had all the walls and the ceilings painted. All you need to do is to move right in. The third Bayshore Condominiums are close to everything you need, including shopping just down the road where you will find a couple of grocery stores, TJ Maxx, Target, and a few restaurants making it a very convenient place to live. If you are into entertainment and beaches, you will find it all here with Anna Maria and Siesta Key all very close. Downtown Sarasota and Bradenton are full of great restaurants, theatres and museums, you will even find both downtowns have a great Farmes Market every Saturday morning. Come and enjoy this home as a full-time resident or your seasonal home to escape those harsh Northern Winters. This is a very affordable 55+ community with low monthly fees of just $289. 00 making this a great second home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$140,000
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 | $112,000 | $112,000 | $112,000 |
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 | $114 | $114 | $114 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $774 | $755 | $953 |
Total Monthly Payment | $963 | $944 | $1,142 |
* 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.