Pre-Construction. To be built. Pre-Construction. To be built. One or more photo(s) has been virtually staged. . Welcome Home to the Active lifestyle of the new Bath and Racquet Community available now for pre-sale. This will be one of the larger units with 3/beds and 3. 5/baths positioned facing a beautiful courtyard. The new iconic First of its kind, Bath and Racquet Residences and Club consists of 256 condominiums featuring 1, 2, and 3 bedroom units built around the Brand new Bath and Racquet tennis facility & state of the art Pickleball courts. This beautiful complex features a residences swimming pool, 1. 5 mile walking trail, playground, dog parks, cabanas, and the option to be a member of the exclusive Bath and Racquet Club, with Tommy Haas as "face" of the club- will feature 13 Tennis courts and 12 Indoor a/c Pickleball courts with 4 outdoor, Resort style swimming pool, a restaurant, fitness center and spa. We are approximately 3 miles to the award winning Siesta Key beaches, 3 miles to downtown Sarasota and walking distance to CineBistro Cinemas and many restaurants. This luxurious community features floor to ceiling windows, a superb kitchen appliance package, Quartz countertops and a washer and dryer hook up in all of the units. Elevators and covered parking is also part of this world class project. Homebuyers have a selection of 27 different floor plans and the option to lease their unit for seven night minimum stay. Make an appointment today to come into the Design Center 1549 Ringling Blvd. #600, Sarasota, to see available Condos.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $776,500 | $776,500 | $776,500 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,908 | $4,972 | $6,764 |
Total Monthly Payment | $5,000 | $5,064 | $6,856 |
* 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.