Under contract-accepting backup offers. Welcome to this beautiful and spacious 4-bedroom, 2. 5-bath condominium in the friendly Fairway Oaks community, offering 1, 368 square feet of comfortable living space. The owner has recently invested $13, 000 to upgrade the windows to hurricane standards and has made other improvements. This well-maintained home features a large, open living area, ample storage, an indoor laundry room and a charming private fenced patio, perfect for grilling and socializing. It has been freshly painted and has no carpeting. The unit comes with two assigned parking spaces right in front, and there is plenty of guest parking nearby. Fairway Oaks offers a variety of amenities, including an Olympic-sized pool (under repair), basketball and tennis courts, a recreational room and a playground. Its prime location provides easy access to the natural park and the Bobby Jones Golf Course. Additionally, it's just minutes from I-75, Sarasota Downtown, and conveniently located near shopping, dining, gym, and parks, including the Legacy Trail, perfect for biking, jogging or walking. The community is at public and school bus stops. Whether you're looking for a new home or a smart investment opportunity, this property is an ideal choice.
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Our Executive Mortgage Banker:
Our Insurance Division:
$179,000
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 | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $181 | $181 | $181 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $965 | $952 | $1,208 |
Total Monthly Payment | $1,221 | $1,208 | $1,464 |
* 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.