One or more photo(s) has been virtually staged. Well Priced 2/2 Condo nestled in the lushly landscaped community of Wild Oak Bay, this second-story condo offers serene living in a waterfront paradise. Featuring luxury vinyl plank flooring in the kitchen and living areas, carpeted bedrooms, and a tiled enclosed lanai for year-round enjoyment which is steps away from community pool in this serene setting. The kitchen has stainless steel appliances, blending style and functionality, with area for small table and chairs. Key updates include a 2019 air conditioner and a brand-new roof in 2024. Conveniently located near Sarasota Bay, IMG Academy, IMG Golf course, SRQ Airport, the vibrant cultural attractions of Sarasota, and the pristine Gulf beaches of Anna Maria Island. This TURNKEY FURNISHED property is aggressively priced for a quick closing. If you are a savvy buyer shopping for an incredible value, THIS IS IT! Experience the perfect combination of comfort, convenience, and natural beauty. Your tropical retreat awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,999
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 | $199,999 | $199,999 | $199,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $329 | $329 | $329 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,314 | $1,674 |
Total Monthly Payment | $1,735 | $1,718 | $2,078 |
* 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.