Investment opportunity! First floor one bedroom, one bath end-unit condo being offered turnkey furnished. Just 4 miles from Siesta Key public beach this condo is the perfect one for those that what to be near shopping, restaurants and the beach. This condo features new windows and sliding door, in-unit washer and dryer, HVAC from 2020 and new ceiling fans. The large living room is light and bright, the outdoor patio is private with a lake-view. The kitchen has been updated with stainless steel appliances, granite counter tops and light cabinets. The building has a new roof and the assessment is being paid off by the seller. Sienna Park offers a variety of amenities including a heated pool, a small Club house with a fitness center, sand volleyball court, tennis courts, basketball courts, grill area and a dog's park. This condo has been in the short-term rental, and the community is investor friendly. Exceptional location near shops, restaurants & beaches, only 4 miles to access to I-75 and only few minutes to downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$210,000
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 | $168,000 | $168,000 | $168,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $175 | $175 | $175 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,160 | $1,132 | $1,429 |
Total Monthly Payment | $1,410 | $1,382 | $1,679 |
* 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.