Under contract-accepting backup offers. Welcome to this well maintained 2-bedroom, 2-bath condo conveniently located on the first floor of a vibrant 55+ community. Right out the back porch grants direct access to the lush courtyard with a covered gazebo and pier on the pond, a grill out station for entertaining and lounge seating for sipping coffee in the early morning. This unit is not only close to its assigned covered parking space also but the laundry room, extra assigned storage space and mailboxes are just around the corner for added convenience. As you step inside you'll notice the openness of the main living areas that leads back to the nicely updated kitchen and dedicated dining area, or this space could be a home office. This leads directly out to the screened in porch offering scenic views and bird watching opportunities. The main bedroom is equipped with a walk-in custom designed closet and en-suite. As a split floor plan the 2nd bedroom is in the front of the unit appointed with a custom built reach in closet. Brand new AC unit installed July 2024. There is no carpet in the home and this has been a non smoking environment since the current owners purchase. Desoto Square Villas offers a Clubhouse for social activities and many on property amenities including the beautiful heated pool, fitness center, pool table, tennis courts equipped for Pickleball, shuffleboard and more. Not only can you have an active social lifestyle but the community is conveniently located in relation to downtown Sarasota and its beaches, Anna Maria Island and the Sarasota/ Bradenton Airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $172 | $172 | $172 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $873 | $851 | $1,098 |
Total Monthly Payment | $1,120 | $1,098 | $1,345 |
* 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.