This remarkable property is West of the Tamiami Trail, next to Blackburn Point Marina, and just across the street from the Blackburn State Park and the Intracoastal to the Gulf of Mexico. It is an easy walk to the renowned Casey Key Fish House and Tiki Bar or the all-new Deep Lagoon Seafood Market and Restaurant. This RARELY AVAILABLE 3 bedroom 2 ½ bath townhome/condo is superbly located between Sarasota and Venice Island, with short distance access to Legacy Trail for biking or hiking, shopping centers, and many restaurants. Blackburn Point Marina Village is a unique community of 19 homes where you will get to know your neighbors and share the Florida coastal experience. This home features a Primary Bedroom Suite on the ground floor with dual closets, dual sinks, soaking tub and walk in shower. There has 1847sf of living space under air with multiple zones for comfort. A Chef’s kitchen features nice cabinetry, granite countertops and upgraded appliances. All this is extended into a remarkable 300sf Florida Room for additional year-round living space and entertaining. It’s special! Impact glass though out the home and Florida room with Plantation Shutters though out, and electric shades for designated locations. An additional downstairs powder room is most convenient. Upstairs features a second in-suite bedroom, and a third bedroom that could also be used for an office or den. There is a nice sized 1car garage and extra storage area. Documentation is available showing the many owner improvements. Association fees include insurance, water, sewer, common area maintenance, and natural gas to fire your outside grill. The community features a wonderful pool and cabana that features a kitchen area complete with grill, seating, television, and restrooms where you can join your neighbors or host an event of your own. Property is located just one mile from Sarasota's Pineview School for gifted. Owners had the property professionally inspected in Sept '24 with any issues addressed. All mechanicals in excellent condition. Property is in Zone X, which is not a designated flood zone area.
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Our Executive Mortgage Banker:
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$600,000
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 | $480,000 | $480,000 | $480,000 |
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 | $281 | $281 | $281 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,113 | $3,073 | $3,986 |
Total Monthly Payment | $3,486 | $3,446 | $4,359 |
* 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.