1608 Bayhouse Point DRIVE, #401, Sarasota, FL, 34231 | $330,000

This two bed/two bath condo has an abundance of light and is located next to Pavilion and pavilion pool. The main living area overlooks a beautiful preserve, providing the sought-after Florida indoor/outdoor lifestyle. This condo is located within Pelican Cove, one of Sarasota's most popular gated, waterfront complexes. It's a short walk from the front door to the most picturesque of the six heated pools, tennis courts and other amenities. This paradise is found amid 75 acres of landscaped grounds with miles of scenic walking trails and paths, four lighted tennis courts, three clubhouses, an 87-boat slip marina, and its own "Pelican Cove University" offering a wide range of courses and many recreational clubs. Special events are featured monthly in the Pelican Cove Newsletter. Owners also enjoy the complex's bird sanctuary, botanical gardens, fishing pier, saltwater creek and spectacular coastal views.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: PELICAN COVE XIV
  • Year Built: 1979
  • Common Charge: $752 Monthly
  • Approx Sq. Feet: 1,318
  • Est. Taxes: $3,326
  • Pet Policy: Dogs OK, Number Limit
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4628731
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4628731/1608bayhousepointdrive_sarasota_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 11/14/2024 11:36:39 AM)

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1608 Bayhouse Point DRIVE, #401, Sarasota, FL, 34231

$330,000

Daniel Robertson

Insurance Sales Director

William Raveis Real Estate

Phone: 203.506.7567

Daniel.Robertson@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $264,000 $264,000 $264,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $277 $277 $277
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,801 $1,755 $2,226
Total Monthly Payment $2,153 $2,107 $2,578

* 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.