Under contract-accepting backup offers. **THIS PROPERTY QUALIFIES FOR A 1. 5% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. ** Located in the highly sought-after Gulf Gate community, this designer-styled 2-bedroom, 2-bathroom home offers a perfect blend of modern design and timeless elegance. Since 2022, the home has seen a number of high-end updates, including a completely remodeled kitchen, new luxury vinyl flooring throughout the main living areas, and a newer HVAC system, ensuring comfort and style. The heart of the home is the stunning kitchen, remodeled in 2022 with two-tone cabinetry, ample counter space, stainless steel appliances, and a convenient sliding glass door that opens to the expansive screen-enclosed lanai. The elegant built-in banquette provides extra storage and seamlessly connects to the main living space. Throughout the home, you'll find terrazzo flooring in the bedrooms and bathrooms, enhancing the home's old-Florida charm. The primary suite is a peaceful retreat, featuring a bay window that floods the room with natural light, as well as a pocket slider for direct access to the lanai. The remodeled ensuite is equally impressive, showcasing a tiled shower, vanity area, and added vanity storage. The split floor plan provides privacy, with the second bedroom and bath on the opposite side of the home. Step outside and enjoy the serene views of the pond and mature trees from the backyard. The extended paver patio offers plenty of room for outdoor entertaining, making it the perfect space for dinner parties or weekend barbecues. Additional updates include new duct work, a new fence, and fresh landscaping, adding to the overall appeal of this exceptional home. With its prime location just minutes from Siesta Key Beach and the vibrant Gulf Gate area, this home offers the best of both comfort and convenience. Nearby dining, shopping, and entertainment make this the perfect spot to enjoy everything the area has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$430,000
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 | $344,000 | $344,000 | $344,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $200 | $200 | $200 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,260 | $2,260 | $2,880 |
Total Monthly Payment | $2,535 | $2,535 | $3,155 |
* 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.