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This is the largest 1-bedroom floorplan available in the Bayshore Condominiums. It was built to be a 2-bedroom 2-bath unit but they never put in the second bedroom leaving this as a 2 bedroom 1 bath condo. The living room benefited from the second bedroom not being installed making this a very spacious room that can accommodate a lot of furniture. This condo is partly furnished but the furniture can be removed if you don't need it. This is a 55+ community and no pets are allowed. There are many things to do in the area including some of Florida's beautiful West Coast Beaches just over 7 miles away, both Downtown Bradenton and Downtown Sarasota where you will find great dining, theatres, museums and many festivals throughout the year. Don't miss out on the very affordable rental!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300
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 | $1,040 | $1,040 | $1,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $7 | $7 | $9 |
Total Monthly Payment | $82 | $82 | $84 |
* 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.