One or more photo(s) has been virtually staged. **THIS PROPERTY QUALIFIES FOR A 1. 5% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. ** Step into this mid-century modern gem in South Gate, boasting nearly 1, 900 sq ft of thoughtfully designed living space. Situated on a generous 1/3-acre lot, the backyard offers privacy being fully fenced and there is PLENTY OF ROOM FOR A POOL! This 4 bedroom - 2 bath home offers a perfect blend of comfort and functionality. The upgraded kitchen boasts stainless steel appliances, granite countertops, and a practical quartz island with bar seating. A charming corner bench adds a touch of warmth, providing a cozy nook for your morning coffee. The heart of the home is the family room, boasting a fireplace surrounded by built-in storage. Outside you’ll find an added bonus is the 500 sq ft workshop with electricity, ready for your storage or hobbies. Noteworthy upgrades include a new roof and a complete plumbing repipe in May 2023. Maintenance is a breeze with luxury vinyl plank flooring and Italian tile in the bathrooms, adding a touch of style to practicality. Elevate your community experience by joining the optional HOA, with a low annual fee granting access to a community center and pool. Conveniently situated, this home places you within a stone's throw of Sarasota's finest dining, shopping, and world-renowned beaches—all just minutes away. And for outdoor enthusiasts, the popular Legacy Trail is a mere half-mile stroll from your doorstep, inviting you to explore Sarasota’s nature.
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Our Executive Mortgage Banker:
Our Insurance Division:
$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** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $473 | $473 | $473 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,234 | $3,190 | $4,048 |
Total Monthly Payment | $3,798 | $3,754 | $4,612 |
* 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.