LOCATION! LOCATION! LOCATION! Its unbeatable location near Selby Gardens, Marina Jacks, and Burns Court offers easy access to some of Sarasota's most beloved attractions, making it appealing for both vacationers and long-term residents. This unit presents an attractive mix of features, such as the dual-screened patios with serene view of the gardens, fountain and pool, interior updates, and ample storage throughout. The home is a ground level, multi-story condo with open floor plan, highlighted by a beautifully renovated kitchen with stainless steel appliances and an abundance of cabinet storage which then seamlessly blends into the living/dining area. For your convenience, there is newly updated 1/2 bath on the 1st floor. The upstairs consists of 2 bedroom suites and indoor laundry area.
Bundling essentials like cable, internet, water, trash, escrow reserves fund, pest control and maintenance of exterior and grounds into the condo fees ensures a hassle-free experience, which is always a plus. This condo is a gem—perfect for someone looking for a blend of tranquility and proximity to Sarasota's vibrant downtown.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$634,000
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 | $507,200 | $507,200 | $507,200 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $419 | $419 | $419 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,374 | $3,371 | $4,277 |
Total Monthly Payment | $3,885 | $3,882 | $4,788 |
* 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.