Welcome to a world where luxury living meets breathtaking beauty, this residence at Meridian at the Oaks Preserve. Here you will enjoy an incredible lifestyle elevated above the treetops with views of the glimmering waters of the picturesque barrier islands with river, intracoastal waterway and some Gulf of Mexico vistas. Marvel at the stunning sunsets visible throughout the spacious, open layout of this end unit. The largest non- penthouse floor plan has 4 inviting bedrooms offering abundant natural light and 3 full bathrooms. The primary bedroom is a private retreat overlooking the water. Thoughtfully positioned for seclusion, it has direct access to the expansive lanai. This suite offers an updated spa-like bathroom with double vanities, a soaking tub, walk-in shower and walk-in closets. A generously sized guest suite provides comfort and privacy with an updated 3 piece bathroom and walk- in closet. The third and fourth bedrooms can be used as such or converted into office and/or den space. Including the expansive lanai, protected by hurricane shutters and sunshade blinds, the condo totals 3, 150 sf of living area. This turnkey elegantly furnished condo has been meticulously maintained and cherished. The gourmet kitchen has striking quartz countertops with a waterfall edge island, recently replaced stainless steel appliances, and a barista wine bar perfect for entertaining. The stylish furniture adorns newly installed plank flooring throughout. The 9 foot ceilings are enhanced by crown molding and designer window treatments with custom plantation shutters. The functional utility room has a side-by-side washer & dryer, freezer and plenty of cabinets. Arriving home is effortless with a private elevator keyless entry directly to your personal foyer. Assigned covered side-by-side 2 car parking is conveniently located near the lobby entrance and an individual air-conditioned storage room is provided. Meridian residents can enjoy a private community pool, BBQ and fitness center perfect for exercising and unwinding with a refreshing swim amidst tropical surroundings. Embrace The Oaks lifestyle, where residents enjoy country club living at its finest. Enjoy the 2 championship golf courses, tennis and pickleball courts, fine dining and a wide range of dining, recreational and social offerings, with mandatory membership in Sarasota’s premier golf and country club.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $466 | $466 | $466 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,967 | $8,141 |
Total Monthly Payment | $6,558 | $6,558 | $8,732 |
* 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.