Great Opportunity! Why pay for a high priced in-season rental when you can buy this beautiful 2BR/2BA condo for less monthly! Relax & enjoy your well maintained 1st floor unit with private view of beautiful trees and landscaping off of your enclosed lanai. Graced with newer hardwood floors, ceramic tile in kitchen, baths and foyer and cozy carpet in the 2 BRs. Extremely large pantry and storage area. Serene Master BR with spacious walk-in closet. Roomy DR for entertaining. New A/C-2020. Extra storage space just steps outside your door. Fantastic community with heated pool, clubhouse with lots of planned activities, shuffleboard, picnic table and gas grill. Also has a covered fishing pier that overlooks the community lake. This nice community is also centrally located & a short drive to Florida's beautiful Anna Maria, Bradenton & Holmes beaches (7-10 miles depending on which beach), is close to shopping & charming downtown Bradenton where you can enjoy lots of fun activities close by the waterfront, planned by the city throughout the year or just relax and enjoy a nice dinner at one of the many downtown restaurants. Bayshore on the Lake offers you an active lifestyle, is close to SRQ Airport and conveniently located near both Sarasota & Tampa. Best of all the price in this location for a 2 BR/2BA condo is right…under $100, 000!
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Our Executive Mortgage Banker:
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$99,900
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 | $79,920 | $79,920 | $79,920 |
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 | $65 | $65 | $65 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $532 | $525 | $674 |
Total Monthly Payment | $672 | $665 | $814 |
* 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.