New roof just replaced in April of 2024! Just a few blocks from Jungle Gardens and the Bayfront. Cute home on a cul-de-sac that had one great tenant for the past seven years. This three bedroom and two bath home has a fenced yard and large storage shed. Previous owner had enclosed carport and now it is a master bedroom to make this a three bedroom home. Kitchen is large enough for a small kitchen table by the window and lots of cabinets and counter space. The generous utility room would make a great workshop area. Plenty of parking with an oversized double driveway. Front covered patio that could be used as partial car covered parking or outside lounge patio area. The utility shed shown in photos was damaged during hurricane Milton. It was removed from yard and will not be replaced. Close to Sarasota Airport, beautiful beaches, Jungle Gardens, Ringling Museum, downtown Sarasota, bus line and shopping. The neighborhood offers a kayak, paddle board launch area, community park and playground at either of the two Bayfront parks to relax and just enjoy a Sarasota Bay sunset. Active neighborhood with community gatherings if you choose to join the neighborhood association for a low yearly fee. They have an annual picnic, yard sale and other events with neighbors!
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Our Executive Mortgage Banker:
Our Insurance Division:
$395,000
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $292 | $292 | $292 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,100 | $2,665 |
Total Monthly Payment | $2,523 | $2,467 | $3,032 |
* 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.