Presented byJudy Etzel, MBA |
Walking into this lovely abode you will be greeted with an inviting atmosphere that feels like home in the sought after bayfront community of Wild Oak Bay. This charming second floor turn-key furnished residence, nestled amongst a tropical oasis of lush mature landscape is a delightful blend of comfort and style. It features A NEWLY INSTALLED ROOF!! The condo has a split-floor plan with an oversized primary bedroom with an ensuite bathroom and a walk-in closet; and two additional spacious bedrooms and an additional bathroom. The modern tile throughout the common areas, granite countertops, and the custom built-in office nook are just some of the elegant features that enhances the nature surrounded space. The condo features a spacious kitchen with a breakfast bar. The dining room has a generous layout to fit all your guests. The expansive living room is located adjacent to a glass enclosed Florida room (lanai) which may be kept under AC or opened al fresco. Behind the Florida room, lies a balcony with a staircase to walk to the pool and spa area while marveling in the exotic landscape. A few yards across the street lies Sarasota Bay with it's beautiful daily colorful display.
Surrounded by beautiful parks, golf courses, museums, and restaurants - all within easy access making the Terraces at Wild Oak Bay a great location for all to enjoy a plethora of interests, and return to a tucked away nest and tranquil environment. This piece of paradise is less than a mile from IMG Academy Golf Club, 9 miles from Anna Maria Beaches, 5 miles to the Sarasota/Bradenton International Airport, and only 10 miles away from the cultural picturesque Downtown of Sarasota. Medical facilities are easily accessible ensuring health needs are catered for promptly. This home promises a comfortable and convenient lifestyle tailored to meet your needs. There is no wait time to rent out this gorgeous property!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$347,500
Property Specialist
William Raveis Real Estate
Phone: 941.567.9381
Judy.Etzel@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 | $278,000 | $278,000 | $278,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,873 | $1,826 | $2,344 |
Total Monthly Payment | $2,229 | $2,182 | $2,700 |
* 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.