One or more photo(s) has been virtually staged. Lake Arrowhead Gem: A Rare Opportunity in Sarasota! Nestled in the highly coveted Lake Arrowhead neighborhood, this stunning 2-bedroom, 2-bathroom condo is a rare find and the crown jewel of the entire development. Situated on a private, dead-end street with no side neighbors, this home offers breathtaking lake views from almost every room. With the scenic Red Bug Trail just steps from your front door, the location is as serene as it is convenient. Located only 15 minutes from Siesta Key Beach and Siesta Village and 15 minutes to downtown Sarasota, you’ll enjoy effortless access to world-famous beaches, vibrant cultural offerings, and endless dining and shopping options. This home has been completely renovated with a sophisticated modern coastal design that is sure to impress. New flooring, fresh paint, contemporary kitchen cabinets, stunning countertops, and updated bathrooms mean all the work is done—simply move in and enjoy the Florida Gulf Coast lifestyle.
The open-concept great room, flooded with natural light, showcases panoramic lake views through the enclosed lanai, creating a perfect setting for entertaining family and friends. The spacious primary suite boasts private lake views, a dedicated deck for relaxing or sunbathing, and a luxurious, redesigned bathroom with a walk-in shower and custom walk-in closet. Additional highlights include designated parking, ample guest parking, and proximity to the community clubhouse, which offers a heated pool, gathering spaces, a small library, and a private dock—perfect for lakeside strolls or mingling with neighbors at one of the many social events. Don’t miss this opportunity to own a sought-after condo in Lake Arrowhead. With its ideal location, stunning renovations, and unparalleled views, this home is a true Sarasota treasure! Schedule your private showing today!
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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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $178 | $178 | $178 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,839 | $1,860 | $2,361 |
Total Monthly Payment | $2,092 | $2,113 | $2,614 |
* 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.