Discover the best-kept secret in Bradenton—Sarabay Cove, a boater's paradise on the water! WELCOME BOATERS! Step out of your condo and onto your boat, and in just minutes, you'll be cruising Sarasota Bay. Don't miss out on this stunning condo; it's a must-see!
From the moment you enter, you'll notice the meticulous care and updates throughout this two-bedroom, two-bath, first-floor unit that feels like a model home. The kitchen features beautiful newer cabinets, a stylish backsplash, and quartz countertops, all opening to the living and dining rooms. There is also a balcony with sliding glass doors that lead to your lanai with a gorgeous water view. Enjoy a different breathtaking sunset every evening. Open the sliding doors to let in fresh air and create a perfect cross breeze.
The master bedroom is freshly painted, with wood floors, a large walk-in closet, and sliding glass doors that lead to the balcony. The en-suite bathroom features a walk-in shower, a new vanity, and ceramic tile floors. The second bedroom is bright and airy, with a tub/shower combo and an updated hall bathroom. Hurricane shutters are on all the sliding glass doors, and it is easy to close in minutes.
This unit features a storage closet on the lanai and an additional one on the first floor. The community boasts stunning water views, a beautiful clubhouse, gas grills, an Olympic-sized pool, a hot tub, tennis courts, a community workshop, a dinghy room, elevators, and storage for bikes, kayaks, and beach items. You can dock your boat for just $2. 00 foot a month, with electricity and water included. The complex consists of three buildings with canals between each one, allowing up to 12 rentals year (with a 30-day minimum stay).
Centrally located near shopping, banks, gyms, and the world-famous Lido Beach—RUN, don't walk, to see this spectacular condo!
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $153 | $153 | $153 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,017 |
Total Monthly Payment | $1,819 | $1,818 | $2,245 |
* 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.