**THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. ** Welcome to Spring Lakes! This 2nd-floor condo features 2 bedrooms and 2 bathrooms, with each bedroom offering an ensuite bath. The primary bedroom includes a walk-in closet and sliders that open to the screened-in lanai, where you’ll enjoy views of the community pool and spa. The spacious kitchen features tile flooring, ample cabinetry, and an in-kitchen washer and dryer. The oversized great room, with carpeted flooring, opens to the lanai through large sliding glass doors, seamlessly connecting indoor and outdoor spaces. A large storage closet on the lanai adds extra convenience. Updated appliances include AC, disposal, water heater, and dishwasher. This condo also offers assigned parking and generous storage throughout. Spring Lakes is a beautifully maintained community with amenities like tennis courts, a pool, and a spa. Located near Cortez Road West, you’re minutes from shopping, dining, and entertainment. The beaches of Cortez and Anna Maria Island are 15 minutes away, downtown Sarasota is 30 minutes, and SRQ Airport is just a 17-minute drive. I-75 access is within 25 minutes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$230,000
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 | $184,000 | $184,000 | $184,000 |
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 | $81 | $81 | $81 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,224 | $1,224 | $1,565 |
Total Monthly Payment | $1,380 | $1,380 | $1,721 |
* 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.