385 N Point ROAD, #404, Osprey, FL, 34229 | $1,085,000

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.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 10
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Security
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Complex: MERIDIAN AT THE OAKS PRESERVE
  • Year Built: 2000
  • Common Charge: $1,100 Quarterly
  • Approx Sq. Feet: 2,778
  • Est. Taxes: $6,750
  • Condo Fee: $7,665 Quarterly
  • Lot Desc: Conservation Area, In County, Landscaped, Private, Sidewalk, Street Dead-End
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Tile
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4632891
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4632891/385npointroad_osprey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/28/2024 3:17:11 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-966-8000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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385 N Point ROAD, #404, Osprey, FL, 34229

$1,085,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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.