Discover this unique condominium in the Oaks Preserve overlooking Little Sarasota Bay, Gulf of Mexico sunsets, the Intracoastal Waterway, and the opportunity to awaken to panoramic views of undisturbed landscape. Enter your private foyer and enjoy chic and spacious living with floor to ceiling windows overlooking the water, mangroves, and the barrier islands of Siesta and Casey Keys. With 4 bedrooms, 3 baths and just under 2800 square feet this condo lives like a home. Luxury flooring, quartz countertops, stainless appliances, a wine/beverage cooler, plantation shutters, and plenty of storage are just a few of the special features you will find. The luxurious primary suite is separate from the guest rooms for privacy, and the 4th bedroom can be used as a study/ office, den, or media room. Enjoy your morning coffee from the large, screened balcony with mesmerizing views. Important features include two HVAC systems, hurricane shutters and shades on the lanai, a climate controlled private storage unit, and a fully equipped fitness center and tropical landscaped heated pool and spa for Meridian owners and their guests. Two deeded garage spaces, keyless entry into the building and your private home make your life easy! The Oaks Preserve has a 24 hour manned guard gate, and is a wonderful neighborhood for walking or biking in mostly shaded landscapes. Membership in The Oaks Club is required, and you can choose from a golf or social membership. With two 18 hole golf courses, 12 Har-Tru tennis courts, pickleball, regulation croquet, a 7000 square foot fitness center, a brand new $9, 000, 000 dining room and bar with outdoor dining overlooking the golf course, and only minutes from beaches, shopping and the arts, you will have the perfect lifestyle! The Oaks Country Club is one of the finest in southwest Florida, being a Platinum Club of America, Emerald Club, and an Elite Distinguished Club. Be sure to schedule an appointment to see this beautiful condominium.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,085,000
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 | $868,000 | $868,000 | $868,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,630 | $5,558 | $7,681 |
Total Monthly Payment | $6,317 | $6,245 | $8,368 |
* 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.