Welcome to The Strand of Sarasota, a beautiful newer build (2022 completed) waterfront gated community that is close proximity to Sarasota's downtown bay front, The Bay (park), arts and rich culture, chic shops and cuisine rich restaurants, St. Armand's Circle and Sarasota's famous white sandy beaches of Lido Key and beach! There are beautiful views of The Strand's boardwalk/boat docks and Sarasota Bay's sunsets from your lanai. With lower maintenance fees, impact rated windows and sliders, this cozy unit boasts modern cabinetry and design with a large kitchen island, quartz counter tops in kitchen and baths, ceiling fans, neutral kitchen backsplash, in-unit washer/dryer and many more upgrades. The Strand has a total of 152 units and 47 boat slips each with water and electricity connected, direct access to Sarasota Bay and the Gulf of Mexico. World class amenities include heated pool, spa, well equipped fitness center that has a view of the pool, community gas grills, electric car charging stations, kayak storage and launch, gas fire pit, dog park surrounded by bougainvillea (2 large dogs permitted), 1 assigned garage parking space and 1 private storage locker in garage. There is onsite management Monday-Friday. The Board of Directors are proactive and helpful. A lenient rental policy is great for the investor "(8 days/7 nights min. /52 times a year)" and an abundance of exterior guest parking is provided. Boat docks are occasionally available to purchase. Attractive and modern furniture package is available (separate bill of sale).
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $456 | $456 | $456 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,228 | $3,185 | $4,041 |
Total Monthly Payment | $3,776 | $3,733 | $4,589 |
* 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.