Welcome to your dream home in the gated, waterfront boater’s community of Sanctuary Cove! This 2022-built, three-bedroom, two-bathroom gem boasts a tile roof, offering modern luxury and peace of mind with no flooding or hurricane damage. Conveniently located just two blocks from the marina, this home provides easy access to boat slip leasing and waterfront enjoyment. The open-concept design features a spacious living area, a chef’s kitchen with quartz countertops and a coveted gas stove, and a flexible space perfect for dining or a home office/den. The primary suite includes a spa like bathroom with a walk-in shower and double sinks for added convenience, while the covered patio offers a serene outdoor retreat with areca palms and room to add a pool. Enjoy maintenance free, resort-style living with no need to take care of your lawn; landscaping is handled for you! The community boasts a stunning waterfront pool with breathtaking views, surrounded by beautiful palm trees that create a true resort-like ambiance, as well as a relaxing hot tub. Additional amenities include a fitness center, a clubhouse, a private beach where you can play volleyball, opportunities to go kayaking, and the freedom to drive your golf cart around. Centrally located near Bradenton, Sarasota, Tampa, and St. Pete, this waterfront home is an unbeatable value in this community. Schedule your tour today!
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Our Executive Mortgage Banker:
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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 | $446,720 | $446,720 | $446,720 |
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 | $705 | $705 | $705 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,972 | $2,972 | $3,800 |
Total Monthly Payment | $3,769 | $3,769 | $4,597 |
* 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.