Short term only RENTAL close to pool, bay and beach. Enjoy morning coffee from your peaceful balcony retreat in this private townhouse located mid-island in the popular Cedars East Tennis Resort. Spacious, bright and pet-friendly, this 1-bedroom, 2-bath townhome has a large open dining and living room, with a peaceful screened balcony. 1st level: enclosed parking garage; 2nd level: living/dining/kitchen/screened lanai/full bath and washer/dryer; 3rd level: bedroom, two closets and master-bath en-suite with dual sinks and walk-in shower, and private patio overlooking lush mangroves. This home has just been renovated beautifully and has all new furniture that is stylish and comfortable. This active community offers a Jr. Olympic sized pool with Tiki bar along with Tennis, fitness and dining memberships included. There is a new tennis director, John Eagleton, a former top ranked junior player and four time All American at the University of Miami. Want to improve your game-learn from the best. Incredible beaches nearby, fishing dock at the end of your street and kayak rentals located just a block or two away as well as shopping and restaurants. Near 30-acre bayside Durante Park, which is the perfect place to take a stroll along its well mapped, seashell walking trail, that leads you through the lush mangroves, wetlands, and along the beautiful Sarasota Bay. Take a minute to stop in one of its gazebos and appreciate the beautiful wildlife and native plants. All of this will provide you with the perfect Longboat Key vacation. $8000 is the high season rate (Dec thru April) and all other months are $4500. This property has been rented Jan 2025. 12% state and tourism tax is required on rentals less than 6 months. This community is governed by a homeowners association. Approval may include an application, background screening, fees, and an approval process. Contact the agent for details. Call now for YOUR TIME in paradise!
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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 | $6,400 | $6,400 | $6,400 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $43 | $43 | $54 |
Total Monthly Payment | $118 | $118 | $129 |
* 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.