One or more photo(s) has been virtually staged. LAWRENCE POINTE. Beautiful downtown condo with direct water views stretching from the Ringling Bridge to Longboat Key. Lawrence Pointe is known for the timeless style & design of one of the "Sarasota School of Architecture's" originals, Tim Seibert. Enjoy waterfront living as you enjoy the sparkling waters of Sarasota Bay and watching the boats go by while the dolphins and manatees are at play. Start and end your day on your private balcony with colorful sunrise and sunset views and the gorgeous nightlights of the surrounding area. Now is the time to make this 2-bedroom, 2 bathroom corner unit condo your own as you enter a blank canvas that is ready for your creative style and ability to match the Florida lifestyle that best fits your needs. Relax by the heated bayside pool right on the water! Extra Storage is available as well as under building parking space, on-site manager, and gated entry. Animal lovers can bring their pet (up to 25 lbs). Not only can you experience life with bay front views but also the vibrance of downtown Sarasota with theaters, dining, and Marina Jack's Island Park. Welcome to Lawrence Point where Sarasota's Bayfront meets downtown.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $1,118 | $1,118 | $1,118 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,929 | $4,804 | $6,620 |
Total Monthly Payment | $6,139 | $6,014 | $7,830 |
* 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.