~ Charming 3-Bedroom Home with Pool in Sarasota ~ Welcome to 510 W Lake Drive, a delightful 3-bedroom, 2-bathroom home nestled in the heart of Sarasota. This spacious 2, 311 sq. ft. residence offers a perfect blend of comfort and style, ideal for families or anyone seeking a serene retreat. KEY FEATURES INCLUDE Spacious Living: Enjoy the open floor plan with a large living room featuring vaulted ceilings, oversized glass sliders, and plenty of natural light. Large Kitchen: The kitchen is equipped with modern stainless steel appliances, ample counter space, and a cozy dining area. Relaxing Bedrooms: The primary bedroom boasts generous space and an en-suite bathroom. Two additional bedrooms provide comfort and flexibility. Outdoor Oasis: Step outside to your private lanai with a screened-in pool, perfect for relaxing or entertaining guests. Huge air conditioned "she-shed", gazebo, and your very own garden with an array of vegetables and fruit trees!
Convenient Location: Situated on a 0. 42-acre lot in the desirable Sherwood Estates neighborhood, this home is close to top-rated schools, shopping, dining, and beautiful beaches.
Don't miss the opportunity to own this beautiful home in one of Sarasota's most sought-after areas. Schedule a showing today and experience the charm and convenience of 510 W Lake Drive!
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $480,000 | $480,000 | $480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $408 | $408 | $408 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,116 |
Total Monthly Payment | $3,693 | $3,690 | $4,616 |
* 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.