Welcome to the Terraces of Wild Oak Bay! This beautiful renovated, stunning 3 bedroom 2 bath condo, is nestled on the second floor, of a quiet corner. The owner has replace all the appliances with top quality Cafe, and Bosch. The HVAC
was replaced in 2022. All popcorn ceilings have been replaced with new smooth ceilings. Recess lighting has been added to several rooms. The outdoor Florida room has been enclosed giving an additional 200 square feet of living space. And, No Assessments! New tile roof and exterior painting. Windows have been upgraded to secure hurricane standards. The floor plan is open and bright and enjoys beautiful lake views. Cream sailcloth sofas, and glass dining table included. Truly worry free living! This gorgeous community is conveniently located close to the fine dining, great shopping, and theatres of Sarasota-Bradenton. Located just minutes from either Anna Maria Island or Lido Beaches. The area boasts some of the most beautiful beaches in all of Florida.
Also, Terraces of Wild Oak Bay III, allows leasing with approval of the association. Large dogs are welcome! If you are looking for a light, bright and open floor plan. Here it is! The community has a large lakeside heated pool, and spa, with walking trails throughout the area. For a day of golf you are just walking distance from IMG. Tennis and Pickleball are all conveniently located at GT Bray park.
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:
$349,900
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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,839 | $2,361 |
Total Monthly Payment | $2,218 | $2,195 | $2,717 |
* 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.