WELCOME TO PARKRIDGE. This townhome is offered as an unfurnished annual rental featuring 3 bedrooms, 2 1/2 bathrooms and a single car garage. This beautiful new community is situated directly off of University Parkway, in the heart of Sarasota. Nestled between our award-winning beaches and the UTC Mall, this is an incredible, highly desired location. This community of townhomes in Sarasota features maintenance-free lifestyle in a gated enclave with a community pool. Parkridge is all about location. This area is great for both the commuter and the renter who wants the convenience of shopping, dining, and entertainment just minutes away. This area is also a hot spot for jobs; technology parks, engineering firms, and tons of other professional places to work are all within a short drive. Say goodbye to a lengthy morning commute! You are less than 5 miles west from I-75, and you can walk to the movies, the supermarket, and local restaurants with ease. All the local favorites are minutes from your door, including The Mall at University Town Center (4 miles down the road); Downtown Sarasota, a hot spot for trendy new restaurants (5 miles away); The Ringling Museum (3 miles from your front door); and the SRQ Airport (2. 5 miles away), just to name a few! Parkridge is also conveniently located to our award-winning beaches like Lido Key Beach, Siesta Key Beach, Longboat Key and so much more. Sarasota beaches are consistently ranked some of the best in the world and for good reason. All Sarasota beaches offer a wide variety of activities, seafood festivals, and more attractions year-round. Hurry as this town home wont be on the market long, call today for all the details. If your credit score is greater than 800 we will forgo collecting last months rent in advance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,150
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 | $1,720 | $1,720 | $1,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $11 | $15 |
Total Monthly Payment | $87 | $86 | $90 |
* 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.