393 N Point ROAD, #603, Osprey, FL, 34229 | $850,000

Enjoy breathtaking views of the Gulf of Mexico, Little Sarasota Bay and the Intercoastal waterway from your living room, bedroom, or lanai. The sunsets are absolutely gorgeous from this 3 bedroom, 3 bath condo, which offers all the views and the safety of a building on the mainland with easy access to the Tamiami Trail and Route 75. Stroll out of your building that has no steps to the pool, outdoor eating area, grill, and gym just down the sidewalk. Take a walk around the 100-acre Preserve on sidewalks that are lighted at night or ride your bike on sidewalks to the Legacy Trail. Your safety is always assured with a staffed gatehouse, building entry code and a coded elevator that goes directly to your private elevator lobby. This condo includes electric hurricane shutters and has shades or plantation shutters in every window. Your two parking spaces are behind a controlled gate and are weatherproof to assure easy loading or unloading under the building. Great climate-controlled storage space comes with the condo. With mandatory membership you will be a member of one of Southwest Florida’s premier golf clubs. More than a club The Oaks offers an elegant and welcoming lifestyle with a vibrant social calendar, two 18-hole golf courses with little or no trouble getting tee times, a croquet court, tennis courts and of course lighted pickleball courts. INITIATION FEES GOING UP ON 2/1/2025. BUY NOW BEFORE THE INCREASE! Your open floor plan has plenty of space for entertaining or just enjoying your home. Your master suite with an en suite bathroom is in the west part of the condo providing breathtaking sunsets and tranquil sunrises. The bedrooms on the east side are separate and private with one having the second en suite bathroom. The granite countertops in the kitchen make the kitchen an entertainer’s dream. With a brand-new Kitchen Aide refrigerator, and five-year warranty and Bosch dishwasher under warranty, worries are second thoughts.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 10
  • Amenities: Elevator(s), Fitness Center, Gated, Security, Spa/Hot Tub, Storage
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside
  • Complex: MERIDIAN AT THE OAKS PRESERVE
  • Year Built: 2001
  • Common Charge: $1,055 Quarterly
  • Approx Sq. Feet: 2,203
  • Est. Taxes: $4,336
  • Condo Fee: $5,352 Quarterly
  • Lot Desc: Sidewalk
  • View: Water
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4627377
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /prop/A4627377/393npointroad_osprey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 1:17:09 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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393 N Point ROAD, #603, Osprey, FL, 34229

$850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $361 $361 $361
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,410 $4,354 $5,970
Total Monthly Payment $4,863 $4,807 $6,423

* 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.