Welcome to the highly sought after neighborhood of Gulf Gate. Less than a mile away from Gulf Gate Village where you can enjoy unique restaurants and shops, the Gulf Gate Library, access to the Legacy Trail and only minutes away from beautiful Siesta Key Beach. Close to convenience shopping and stores such as Lowe’s, Target, Kohls and Publix to name a few. And only a short drive to Downtown Sarasota with its surplus of shops and restaurants, St. Armand’s Circle, Kayaking in the Mangroves or head south just minutes away to Historic Spanish Point. Venice and Englewood Beaches are just a short drive too. This home is in the middle of it all!
This is the perfect home for new families or those looking to retire in a safe and friendly neighborhood with the added bonus of having your own private backyard oasis. This well maintained home offers an open concept and updated living room and kitchen that has plenty of counter and cabinet space for the aspiring cook and great for entertaining. All new upgraded appliances in 2021 include a stove and dishwasher that are smart appliances and can be programmed using apps on your phone. The additional multi-use space off of the living room is great for an office or an additional sitting area, with large windows overlooking the pool and patio. Three bedrooms and 2 full baths ensure plenty of space for family or guests. Two of the bedrooms feature large walk-in closets. The home’s 2021 salt water and heated pool is great for entertaining all year long and your family can relax on the partially covered patio with complete privacy from neighbors with the 2021 screen enclosure and fully enclosed fence, providing added security for kids or pets. All new landscaping was professionally done in early 2024. Inside, all new interior doors, hurricane rated exterior doors, baseboards and door trim were all installed in 2021. A new HVAC system was installed in October of 2023. This home is in X Flood zone, saving the buyer substantially on insurance. Enjoy no high HOA fees with an optional $75 a year to become a member of the Gulf Gate Community Association. You don’t want to miss out on this updated and modern home in the middle of a great, private and well-kept community while still being close to all the conveniences.
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Our Executive Mortgage Banker:
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$610,000
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 | $488,000 | $488,000 | $488,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.159% | 6.276% |
Monthly Tax Payment | $325 | $325 | $325 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,165 | $3,243 | $4,115 |
Total Monthly Payment | $3,582 | $3,660 | $4,532 |
* 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.