Absolute bargain! Don’t miss this exquisite 1-bedroom, 1-bathroom condo with unique features and numerous upgrades. The property includes a bonus sunroom with nearly 100 sq. ft. of extra air-conditioned space, raised ceilings on the 3rd floor, and fully paid special assessments worth $4, 800 for a roof replacement (2024). The master bedroom features a spacious walk-in closet, and new windows were installed in 2020. Recent upgrades within the last 4 years include premium waterproof vinyl flooring, fresh paint and texture, new fans and lighting, a modern vanity, updated bathroom tile, and a new washer purchased in 2024. The air and heating system has been professionally maintained with $2, 300 worth of work. The monthly HOA fee includes water, sewer, and trash. Community amenities feature a walking trail around the lake, a gym, heated pool with spa, tennis courts, and a clubhouse with office space, a lounge area with a kitchenette, and a gym with basketball and racquetball. Conveniently located near shopping and dining, it’s just under a 10-minute drive to Siesta Key beaches. This condo is tenant-occupied and can be delivered vacant or with the tenant in place, making it perfect for both homeowners and investors ready to start earning income from day one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$245,594
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 | $196,475 | $196,475 | $196,475 |
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 | $193 | $193 | $193 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,324 | $1,306 | $1,657 |
Total Monthly Payment | $1,592 | $1,574 | $1,925 |
* 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.