This rarely available first floor condo with water views has a screened in lanai that overlooks the canal waterway . The lanai has an extra feature that it has sliding vinyl windows that can enhance your privacy and extend comfortable living space spurning cooler weather. The lanai offers views of the Whitaker Bayou that is bordered by a seawall with dockage for your own small boat. (22 feet or less and no tower until access under bridge to inter coastal) You can easily access the inter coastal within minutes and the 10th Street boat ramp is available to easily load on a trailer. Do you love boating? Fishing? This could be your answer. Whitaker Bayou Condos has a total of eighteen units with a flight of stairs at each end of the building. There is an elevator located in the center of the building. The garage has 24 hour lighting and three separate garage doors. Access is provided by an individual remote for each unit. Every unit has a spacious parking area with a private enclosed storage area 4x8×8. There is additional parking in the rear for occupants and guests. Minimum 30 day rental × 12 a year. All of this is located next to The renowned Ringling School of Art. Directly across the street is Marietta's Whimsical Museum bordered by the Indian Beach Sapphire Shores neighborhood, one of the most established in the area. This location is only minutes from the Sarasota Bradenton Airport, The Ringling Museum, solo Repertory Theatre, Sarasota Memorial Hospital and The Legacy Bike Trail. Downtown is just over a mile away and there you can easily walk downtown and enjoy outdoor and indoor dining, Art Galleries, Theatres, dancing and shopping. Location is everything. Call to see this unique property and enjoy your season in your new home.
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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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $135 | $135 | $135 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,102 | $2,102 | $2,688 |
Total Monthly Payment | $2,312 | $2,312 | $2,898 |
* 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.