INCREDIBLE LOCATION! 2019 Roof and 2019 AC! Block home on a slab. TWO ADJACENT PROPERTIES FOR SALE! Both are Zoned DTN (Downtown Neighborhood District!), which allows for a mixture of land uses! Add to your rental portfolio or bring your single family with ADU, multi-family, office, hotel/motel, and even your live/work dreams to life with these AMAZING parcels located just moments away from Downtown Sarasota! TWO ADJACENT PROPERTIES ideally would be sold TOGETHER- see also 2066 6th Street next door, offered at an additional $274, 900- that means you can purchase TWO huge redevelopment opportunities in the heart of Sarasota for only $644, 800 TOTAL! These parcels are located in the Opportunity Zone Census Tract 1. 02, and are ready for YOUR big plans! Drive less than 5 minutes to downtown Sarasota, less than 25 minutes to Lido and Siesta Keys, only 15 minutes to the Sarasota Airport, and a simple hop, skip, and a jump to numerous restaurants, shops, nightlife, and entertainment! Don't let this opportunity pass you by- call today to schedule your private showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,900
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 | $295,920 | $295,920 | $295,920 |
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 | $433 | $433 | $433 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,994 | $1,967 | $2,496 |
Total Monthly Payment | $2,502 | $2,475 | $3,004 |
* 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.