This spacious lakefront condominium is a rare gem in any market, and its coveted location at The Moorings makes it even more desirable. As an owner, you will enjoy resort-style amenities, access to a private island, and the convenience of walkability to Lakewood Ranch Main Street. There is truly something for everyone here – nature lovers, boating enthusiasts, and fishing aficionados alike. Additionally, the community pool, clubhouse, fitness center, and a variety of social activities are all within an easy stroll to restaurants, boutiques, theaters, concerts, and festivals. The morning sunrise and vibrant evening sunsets provide a magical backdrop for the coastal waterfowl and lakeside wildlife. You can also live here comfortably knowing your home is not in an evacuation zone and that the tile roof was replaced just 4 years ago. This stunning condo features two en-suite bedrooms and a third bedroom/flex room with an adjacent half bath to accommodate guests or serve as a den. Entertaining is a breeze with the combined living/dining room and expansive serving area, which seamlessly connects to the large chef's kitchen. The kitchen also boasts a casual café area for more informal gatherings. The computer alcove off the main entry, with its built-in cabinetry, is the perfect spot to house your home office needs. An expansive screened lanai offers seamless indoor-outdoor living, accessible from both the main living areas and the primary suite. This idyllic retreat is nestled in a gated, upscale neighborhood on Lake Uihlein, making it one of the area's most desirable locations. Its proximity to Sarasota’s beautiful beaches, cultural and sporting events, premier golf courses, tennis clubs, and University Town Center epitomizes the best of Florida living. Don't miss this opportunity to make this stunning condo your next home. Can be sold turnkey.
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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 | $580,000 | $580,000 | $580,000 |
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 | $339 | $339 | $339 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $4,290 | $4,286 | $5,404 |
* 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.