Beautifully renovated, turnkey furnished condo in a tranquil 55+ community with all the amenities you could ever ask for. This one bedroom, one bath unit is located on the second floor and boasts lots of natural light, along with a beautiful board and batten accent wall, granite countertops, stainless steel appliances, new carpet, new garbage disposal, and brand new AC! The unit is located tucked away in the back corner of the complex giving you a quiet and peaceful park-like setting with picnic tables. The pet friendly age restricted community is beautifully maintained and features a clubhouse with laundry facilities, a heated swimming pool, shuffleboard, grills, and lots of activities to choose from. Burgundy is located just off US-41 which is only 6 miles to the Sarasota airport and easy access to numerous shops and restaurants. The HOA fees cover a multitude of amenities such as cable, internet, water, trash, and grounds maintenance. Whether you’re looking for full time or part time living, Burgundy does not disappoint! Schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$119,900
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 | $95,920 | $95,920 | $95,920 |
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 | $131 | $131 | $131 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $622 | $614 | $797 |
Total Monthly Payment | $828 | $820 | $1,003 |
* 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.