Under contract-accepting backup offers. Welcome to this beautifully renovated ground floor, ONE LEVEL condo in The Meadows, one of Sarasota's most desirable communities.
This unit, offering private lake and golf course views has recently undergone extensive updates, ensuring modern comfort and style, including completely updated bathrooms, modernized kitchen with new appliances, and a reverse osmosis system. The closets have been redone and new luxury vinyl plank floors installed throughout. The owners even replaced the screens on the lanai, sanitized the HVAC system and added a built-in EV charger installed in the private parking space. With a new roof this year, this unit is move in ready. After an investment of over $100k in upgrades, this condo combines luxury with peace of mind. This unit location is ideal with its close proximity to the pool. Living in the mature & lushly landscaped Meadows offers 14 mi. of sidewalk, bike trails, a 1. 7 mi. fitness trail. With the Renaissance Pass or optional membership in the Meadows Golf & CC gives you access to its active tennis community, 3 golf courses , a junior olympic swimming pool and beautifully renovated large fitness center. Just a short drive to UTC Mall and Whole Foods, and easy access to I 75, shopping, dining and our award winning Sarasota beaches. Don't miss the opportunity to make this exceptional home yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
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 | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,622 | $1,580 | $1,081,167 |
Total Monthly Payment | $1,925 | $1,883 | $1,081,470 |
* 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.