Welcome to this stunning, recently renovated 1-bedroom, 1-bathroom condo located in the highly sought-after community of Admirals Walk. Unit is one of the LARGER 1 Bedroom floor plans in the community. This INCOME-PRODUCING property is perfect for savvy investors seeking a turnkey opportunity or homeowners looking for a slice of paradise.
Step inside to find a modern, thoughtfully upgraded interior featuring luxury vinyl plank flooring, fresh neutral paint, and contemporary fixtures. The open-concept layout offers an inviting living space, while the kitchen boasts sleek granite countertops, stainless steel appliances, and ample storage.
The spacious primary suite includes a private en-suite bathroom and a large walk-in closet. Bonus room that can be used as a den, guest bedroom, or office space. The AC is less than 1- year old and the unit has Impact Windows!
This condo is currently rented at $2, 500/month, offering IMMEDIATE cash flow for investors. The low-maintenance lifestyle, coupled with strong rental demand, makes this property an excellent addition to your portfolio.
Admirals Walk is a gated community with resort-style amenities, including a clubhouse, sparkling pool, hot tub, and fitness center. Located just minutes from World-Renowned Siesta Key Beach, shopping, dining, and entertainment, you or your tenants will love the convenience of this location.
Don’t miss out on this exceptional opportunity to own a slice of Sarasota paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 | $220,000 | $220,000 | $220,000 |
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 | $197 | $197 | $197 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,464 | $1,462 | $1,886 |
Total Monthly Payment | $1,736 | $1,734 | $2,158 |
* 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.