Gulf Gate continues to be one of the most desired neighborhoods in Sarasota and your chance to experience life there is here. Your new to you, two bedroom and two bathroom, diamond in the rough with large backyard is ready to be enjoyed for many years to come. The canvas is blank and ready for you to create a masterpiece with a new, modern look or perhaps something more traditional and true to the older Florida style that made this neighborhood so popular. Sometimes less is more. Your new home lives larger than the 1434 square feet with it's open feel. In the kitchen you will have ample counter space and storage, steps from the dining area, inside the front window with plenty of natural light. You will be afforded extra living space at the rear, with access to an expansive, covered lanai that faces east and can be enjoyed at all hours of the day. The primary suite, oversized with walk in closet and open area vanity, with room for a second sink, adds to the convenience of life, enabling you to have all you need to ready yourself for the day or a night out with friends or family, at an arms length. Have the home ready for season as a rental or to enjoy as a winter getaway. The location cannot be overstated. All of Sarasota is within reach from Gulf Gate. . . Siesta Key, Gulf Gate Village and more. Come see your new Gulf Gate gem, it's calling you.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 | $300,000 | $300,000 | $300,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $119 | $119 | $119 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,996 | $1,994 | $2,530 |
Total Monthly Payment | $2,190 | $2,188 | $2,724 |
* 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.