2 BED / 2 BATH + DEN / 2 CAR GARAGE 1, 696 SQFT maintenance-free home with PRIVATE POND AND PRESERVE VIEWS located in The Cascades - Sarasota’s premier 55+ LUXURY RESORT-STYLE COMMUNITY renowned for the CENTRAL LOCATION, SOCIAL ATMOSPHERE, and LOW HOA FEES. For only $1, 472/QUARTER, lucky residents get FULL YARD CARE, CABLE TV + INTERNET, GATED ENTRANCE, and full AMENITY ACCESS with *** NO CDD FEES ***. The Cascades was specifically built to create and promote a healthy, connected, and active mature-adult lifestyle where residents could easily meet like-minded neighbors and ENJOY LIFE TOGETHER. A FULL SOCIAL CALENDAR FEATURING WEEKLY/MONTHLY ORGANIZED EVENTS makes life FUN and EASY. Amenities include: 25, 000 SQFT GRAND CLUBHOUSE featuring BALLROOM + FULL KITCHEN, CARD ROOMS, BILLIARDS ROOM, ARTS/CRAFTS STUDIO, LIBRARY/MEDIA ROOM to the UNIQUE HEATED RESORT-STYLE INDOOR-OUTDOOR POOL w/SPA, STATE-OF-THE ART FITNESS CENTER w/ DANCE STUDIO, 6 TENNIS COURTS w/ PRO SHOP and active league play, 2 PICKLE BALL COURTS, and 3 BOCCE BALL COURTS. When you arrive at this QUALITY-BUILT LEVITT HOME you will immediately notice the upgraded TILE ROOF, PAVER DRIVEWAY + FRONT WALKWAY, SCREENED FRONT PORCH, and MATURE LANDSCAPING. The stately DOUBLE DOOR ENTRY will make moving a snap. Inside the home, the first thing you will notice are the SOARING 16’ VAULTED CIELINGS and LIGHT, BRIGHT, OPEN CONCEPT feel of the home. The large 21’ x 12’ GREAT ROOM features fantastic views of the NATURE PRESERVE to the rear of the home via SLIDING GLASS DOORS which access the EXPANSIVE COVERED AND SCREENED LANAI w/upgraded epoxy floors. This large outdoor space is perfect for entertaining or just relaxing and enjoying the PEACEFUL AND SERENE POND VIEWS. This home enjoys a coveted SOUTHERN EXPOSURE so the lanai space is truly usable year round. The Kitchen features GRANITE COUNTERS, RICH CHERRY WOOD CABINETRY, AND MODERN MATCHING STAINLESS STEEL APPLIANCES. The 16’ x 14’ PRIMARY SUITE features DUAL WALK-IN CLOSETS and private views of the back yard. Upgrades include * ACCORDIAN HURRICANE SHUTTERS * for security and peace of mind and EPOXY garage floors which give the garage a more finished feel. This location is just 7 MILES TO DOWNTOWN SARASOTA, 12 MILES TO ST. ARMAND’S CIRCLE and GULF BEACHES. Also nearby , you will find PUBLIX, University Town Center (UTC) Shopping/Dining/Entertainment District, and I-75. THIS HOME AND LIFESTYLE ARE AN ABSOLUTE MUST SEE AND AN UNBEATABLE VALUE!
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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 | $358,400 | $358,400 | $358,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,325 | $2,295 | $2,976 |
Total Monthly Payment | $2,633 | $2,603 | $3,284 |
* 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.