Under contract-accepting backup offers. Discover the charm of Sorrento Villas with this once-in-a-lifetime opportunity to own a 2 bed, 2 bath fixer upper villa! ?? Nestled in the quaint and serene community of Sorrento Villas, this hidden gem offers an irresistible blend of small-town charm and big city convenience.
Say goodbye to the hefty fees and Community Development District (CDD) common in many communities! Instead, enjoy the low fees that come with living in Sorrento Villas, while still receiving top-notch maintenance services that include roof replacements, exterior maintenance, and ground maintenance.
This idyllic community, situated between Venice and Sarasota, is a nature lover's paradise. Minutes from your front door, you'll find Nokomis Beach, where you can soak up the sun, swim in crystal-clear waters, and take in breathtaking sunsets.
For those who crave adventure, Oscar Scherer State Park is just a stone's throw away, offering hiking trails, kayaking, canoeing, and opportunities to spot local wildlife.
The Legacy Trail, a paved 10. 8-mile long trail perfect for biking, hiking, or jogging, is also easily accessible, making it the ideal destination for those who love an active lifestyle.
Conveniently located near major roads such as I-75, 41, and only 11 miles from the world-renowned Siesta Key Beach, this quaint villa offers unparalleled access to shopping, schools, medical facilities, the new Sarasota Memorial Hospital, and more!
Embrace the opportunity to put your personal touch on this hidden gem and make it truly your own. The possibilities are endless, and the potential for growth is immense. ???? This special villa is more than just a property; it's your chance to become a part of this thriving and welcoming community. ???? Don't miss your opportunity to own a piece of paradise in Sorrento Villas! NO BLIND OFFERS will be considered
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:
$218,900
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 | $175,120 | $175,120 | $175,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $95 | $95 | $95 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,180 | $1,164 | $1,477 |
Total Monthly Payment | $1,350 | $1,334 | $1,647 |
* 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.