Incredible price for this RARELY AVAILABLE 2br 2ba MAINTENANCE FREE non-age restricted townhome. Located in the city of Sarasota, this handy man special is a rare opportunity. Cash only, as there are areas with exposed framing and in need of drywall repairs. Plumbing also seemingly needs to be replaced. Centrally Located in a very small, quaint association with only 31 units featuring a community pool and tennis court. This home features covered parking, large enclosed lanai looking out to park like setting, spacious living room and dining room. Full bath and bedroom on ground floor. The large 2nd floor master bedroom has a bath and an adjacent room for an office or flex space. Monthly condo fees include: water, sewer, trash, cable, pest control, exterior maintenance, clubhouse, roof for maintenance free living. Two guaranteed parking spaces (1 is a carport). Up to 2 small domestic pets are allowed, so bring your furry family members! Finally, a property you can afford, come make this townhome your own or renovate for instant equity and potential ability to resell for a profit. At your fingertips is shopping, dining, gym, and the complex of Bobby Jones natural trails and golfing. Also a quick drive to downtown Sarasota, area beaches, restaurants, UTC mall, Selby Gardens, The Ringling Bridge, St. Armands Circle, Sarasota airport, and Ringling Museum.
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Our Executive Mortgage Banker:
Our Insurance Division:
$174,600
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 | $139,680 | $139,680 | $139,680 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $67 | $67 | $67 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $929 | $928 | $1,198 |
Total Monthly Payment | $1,071 | $1,070 | $1,340 |
* 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.