Under contract-accepting backup offers. Check out this MOVE-IN READY CONDO in the HIGHLY REGARDED PALMS OF CORTEZ LUXURY CONDOMINIUMS. Comes with a 21x12 deeded GARAGE rarely available in this community. Built in 2002, 2nd floor with a large 1 bedroom, 1 bath, for a total of 775 square feet with low HOA fees and a new roof. NEW: dishwasher. NEW: microwave, NEW: refrigerator and NEW: garbage disposal. NEW: washer and dryer. New: A/C unit with 10-year warranty and smart thermostat with built-in Alexa. NEW: hot water heater. Entire Condo has beautiful NEW carpet and freshly painted walls. The condo has high ceilings, with crown molding. Access to an 11 x 8 balcony that has a 4x4 storage room that is completely screened for a total of 845+ square footage of comfort. When you visit this condo, notice the pleasant view from the balcony that is perfect for enjoying a peaceful morning cup of coffee. Master bedroom has a walk-in closet and a linen closet. The bathroom has a large garden tub & shower combination and a new sink & faucet. The kitchen has counters that will seat 4 bar stools comfortably and many new appliances. Living room and dining room combination that has a lot of natural light and coat closet.
We loved living here and we think you will too. How about a gated, quiet, well-maintained community with a fantastic pool, fitness center, tennis courts, playground, pet friendly, included pest control, club house, all for a LOW CONDO FEE of $261 per month? 2 miles to 2 great colleges as well as the world-renowned IMG tennis academy. You're 5 miles to awesome beaches, 5 minutes to shopping and restaurants, 25 minutes to Sarasota Airport, Siesta Key the number 1 beach in America. You’re even closer to some great golf courses. INCLUDED IS A 1 YEAR HOME WARRANTY FOR YOU, THE NEW BUYER WITH AN ACCEPTABLE OFFER!!! COME TAKE A LOOK AND YOU BE THE JUDGE.
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Our Executive Mortgage Banker:
Our Insurance Division:
$189,900
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 | $151,920 | $151,920 | $151,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $261 | $261 | $261 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $948 | $923 | $631,734 |
Total Monthly Payment | $1,284 | $1,259 | $632,070 |
* 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.