Under contract-accepting backup offers. Move in Ready and not impacted by recent storms. Recently renovated 2 bed, 2 bath Villa in the sought after Center Gate Community. A change in plans has the owners putting this home on the market after recently completing significant upgrades & improvements in 2023 and 2024. A tiled front porch leads to a foyer entry and opens to the combined Living Room and Dining Room. The kitchen has been “opened up” to overlook the family room and the sight lines will take your eye through to the Florida Room, the greenspace and community pool beyond. This is now a wonderfully spacious open plan more suited for today’s lifestyles. These living areas have been made contiguous with gleaming Brazilian cherry laminate floors, crown molding and updated fixtures & fans. The kitchen has quartz counters and an ample breakfast bar with a “waterfall” countertop feature. This is also an “eat in kitchen” with room for a full-sized dinette. The stainless steel appliance package is from 2023 and a beautifully decorative backsplash pops with color. The adjacent utility room has matching counters and backsplash and works as a prep kitchen as much as an interior laundry. The principal bedroom has an ensuite bath with granite counters and a walk-in closet. The second bedroom has multiple closets and access to the second bath and tiled shower. The bedrooms are carpeted for coziness while the kitchen and utility room are tiled. Keep an eye out for the decorative inlay which is coordinated with the backsplash motif. What was a “sun porch” has been elevated to the floor height of the rest of the home and now has the same Brazilian cherry floors. This space is air conditioned and adds square footage to the overall living area. The oversized, 2-car garage has a rubberized floor and hurricane rated overhead door. The roof with gutters and sunroof were replaced a year ago and have a transferrable warranty. The plumbing has been relined (2024), impact resistant windows are throughout, and the new hot water heater was installed earlier this year. The Sellers would consider putting a Home Warranty on this property but just about everything is still under warranty! This home is ready for you to move right in and start enjoying one of the most convenient locations in all of Sarasota County. Live here and you are minutes away from Doctors Hospital, I 75, all your shopping needs and a host of restaurants and entertainment venues. This development is not in a flood zone and remained “high and dry” in 2024. There are still affordable and intelligent places to live in Sarasota and 5725 Center Pointe Lane is one of them.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $310,000 | $310,000 | $310,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $146 | $146 | $146 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,062 | $2,060 | $2,658 |
Total Monthly Payment | $2,283 | $2,281 | $2,879 |
* 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.