5509 Fountain Lake CIRCLE, #C204, Bradenton, FL, 34207 | $125,000

One or more photo(s) has been virtually staged. Welcome to your perfect retreat in this sunny Southwest Florida community in Bradenton! Located in a quiet, friendly community, this charming home or fantastic long term vacation home and investment to hold for many years, offers the ideal blend of comfort, convenience, and coastal living. Just a short drive from the pristine, award-winning powdery sandy beaches of Anna Maria Island and Siesta Key, you'll enjoy the best of Florida's stunning coastline right at your doorstep. You're conveniently located only about 12 minutes to Sarasota Bradenton International Airport for a quick trip back up north, not in a high risk flood zone, and have more options domestically and internationally from Tampa International Airport as well. Qualifying offers may receive a credit at closing or make your aggressive cash offer today so you can move in to your new home in a few weeks! Your home was originally designed and currently classified as a 2-bedroom home according the property appraiser when it was built. It can easily be reverted to this configuration from its current large one bedroom layout, for the handy new owner as a weekend project. You can simply add a wall / drywall, partition, or other creative design, to provide flexibility to suit your needs as a 2 bedroom vacation home for your family and guests during the winter. Save hundreds per month on living expenses with pool, water, sewer, trash, internet, cable, roof, community amenities, exterior maintenance, and landscaping all included in your reasonable community membership. Take advantage this year with super low taxes and save a ton of money! Enjoy a dip every day in your newly resurfaced pool, a few steps out your building. Or you can take a stroll around the community with your furry friends while enjoying the quiet peaceful views of the lake and fountains. Come see your new home and get ready to move in while enjoying beautiful Southwest Florida and the Bradenton Sarasota area!

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Complex: LOUGH ERNE SEC ONE
  • Year Built: 1981
  • Approx Sq. Feet: 728
  • Acreage: 2.28
  • Est. Taxes: $831
  • Condo Fee: $414 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Range, Refrigerator
  • MLS#: L4945049
  • Days on Market: 35 days
  • Website: https://www.raveis.com
    /prop/L4945049/5509fountainlakecircle_bradenton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/4/2024 11:48:01 PM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5509 Fountain Lake CIRCLE, #C204, Bradenton, FL, 34207

$125,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $100,000 $100,000 $100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $69 $69 $69
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $674 $665 $857
Total Monthly Payment $818 $809 $1,001

* 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.