Lowest priced condo in all of Manatee and Sarasota Counties! Don't let the days on the market scare you. ATTENTION: If you have been displaced by a recent storm this is your chance to buy an affordable and SAFE condo. No damages to this quiet 3rd floor, corner unit just steps from the elevator, stairs, mailboxes, and your designated parking spot. No neighbors above you or on one side. All of the windows have been replaced and are double-pane impact resistant, which not only provide added safety and peace of mind but also much better noise insulation and energy efficiency. One bedroom one bath unit with walk-in closet and an extended space off of the bedroom for a reading nook or office area. This unit comes with its own storage closet on the same floor for quick and easy access and laundry facilities on the first floor. Community features include a clubhouse, a large heated pool, gorgeous lake, fishing pier, shuffleboard, and more. Nearby you'll find beautiful beaches, parks and nature trails, a vibrant downtown scene, UTC mall, Village of the Arts, Ellenton Premium Outlets, top-notch medical facilities, a wide variety of restaurants and retailers, and countless other shopping and outdoor opportunities. This building has a 55+ age restriction, does not allow pets, and you must own for 2 years prior to leasing. At this price, how can you not come and take a look?
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Our Executive Mortgage Banker:
Our Insurance Division:
$69,900
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 | $55,920 | $55,920 | $55,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $21 | $21 | $21 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $367 | $372 | $472 |
Total Monthly Payment | $463 | $468 | $568 |
* 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.