Under contract-accepting backup offers. A hidden gem near the popular University Parkway corridor in Sarasota. Imagine being close to shopping, dining, travel, fitness and recreation venues, yet tucked away in an amenities-rich 55-plus community. Welcome to Cascades at Sarasota, a gated, maintenance-free community where you can enjoy an active free lifestyle. This tasteful residence has 1, 786 square feet with high ceilings, two bedrooms plus den, two baths, a newly remodeled kitchen and a six-kilowatt electric PV solar power system. The living areas open to a 10-by-24-foot covered panorama screened-in lanai with lake view. The newly renovated, bright, central kitchen features solid-wood soft-close cabinets, quartz countertops, pantry with sliding pullouts, stainless steel appliances and Silgranit undermount sink. The spacious primary suite has a high ceiling, dual walk-in closets and en-suite bath with two vanities, jetted bathtub, walk-in shower and water closet. The Cascades at Sarasota is a premier adult community with a wide selection of social clubs and amenities for residents. On-site staff include property management team and tennis pro. The newly renovated clubhouse is at the center of social activities with fitness center, art room with kilns, billiards room, card rooms, library, ballroom with stage and media room. Outdoor facilities include a heated indoor/outdoor pool, hot tub, six lighted tennis courts, two pickleball courts and bocce ball courts. Nearby conveniences include Publix, Detweiler’s Farm Market, University Town Center, Nathan Benderson Park, three golf courses and SRQ International Airport.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$530,000
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 | $424,000 | $424,000 | $424,000 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $259 | $259 | $259 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,821 | $2,818 | $3,635 |
Total Monthly Payment | $3,172 | $3,169 | $3,986 |
* 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.