Welcome to your new home in the heart of Sarasota! This delightful 2-bedroom, 2-bathroom condo is located in the serene 55+ community of Lake Tippecanoe, offering a peaceful lifestyle with sweeping water views. Fully furnished and move-in ready, this home is ideal for those seeking comfort, convenience and affordability. As you step into this charming, first-floor corner unit, you'll be greeted by a bright open floor plan with natural light streaming through the updated windows. The living and dining areas boast tasteful crown molding and decorative trim, setting the stage for easy entertaining. Savor your morning coffee or relax in the evening on your enclosed lanai, where you'll be treated to breathtaking Sarasota sunsets reflected across the water. The kitchen, complete with updated cabinetry and a spacious pantry, offers plenty of room for cooking, while the in-unit laundry adds extra convenience. This condo also features abundant storage throughout, including a large walk-in closet in the primary suite and an additional storage closet on the lanai. The primary suite showcases panoramic water views and an en-suite bathroom with a walk-in shower, while the generously sized second bedroom is ideal for guests, with an adjacent bathroom offering a shower/tub combo. Lake Tippecanoe offers a neighborly atmosphere with well-maintained amenities, including a charming clubhouse, pristine pool, and active social calendar. Conveniently located minutes from shopping, dining, and Sarasota's world-renowned beaches, this condo is your gateway to the ultimate Florida lifestyle. Don’t miss out on this affordable, turnkey-furnished gem in Lake Tippecanoe—just pack your bags and start living the relaxed Florida lifestyle today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$209,900
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 | $167,920 | $167,920 | $167,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $183 | $183 | $183 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,117 | $1,116 | $1,416 |
Total Monthly Payment | $1,375 | $1,374 | $1,674 |
* 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.