Welcome to old Florida in the newest hot neighborhood of downtown Sarasota. Golden Gate Point is a beautifully landscaped enclave at the foot of John Ringling Bridge. It is a 5 minute walk to Marina Jack's and downtown Main Street; Only minutes to the shops and restaurants of St. Armand's Circle and the beautiful white sands of Lido Beach. This lovely condo building over looking the Ringling bridge and Sarasota Bay has just completed a fully funded $740, 000 renovation/restoration under the supervision of Karins Engineering. The dramatic entrance to unit 21 is just a prelude to the 180 degree views outside your windows. Open concept and fully renovated in 2021, this home boasts a new high impact bay window, wide plank luxury Vinyl Tile floors, recessed lighting, crown molding and 5 inch baseboards. The eat-in kitchen has been renovated with new plumbing, electrical, soft close cabinetry, G. E. Cafe refrigerator, smart range and hood, new dishwasher, garbage disposal, quartz countertops, Blanco sink and glass brick subway tile. The 30' x 16' great room has plenty of space to lounge, dine, dance or simply enjoy the view. The Primary bedroom suite has a 66 inches long soaking tub to wash your troubles away. Both bedrooms are large enough to accommodate a king size bed. Other features include built in bookshelves, a new Electrolux wash/dryer (2024), newer A/C unit (2020) hot water heater with booster (2021), Hunter Douglas shades and assigned covered parking. Downstairs facing the bridge and bay is a day dock, common room, 2 patios and a grill. Lovely place for a cocktail, dinner alfresco, a good book or simply watching the dolphins frolic. Come and see this Florida Classic!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,550
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 | $780,440 | $780,440 | $780,440 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $807 | $807 | $807 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,062 | $4,997 | $6,852 |
Total Monthly Payment | $5,961 | $5,896 | $7,751 |
* 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.