Now is your chance to be a part of the Wheel Base Premium Garage Condo community! This spacious and versatile garage condominium includes a half bath, separate utility sink, mini split HVAC, 20' ceiling, transom window, and industrial ceiling fan. A luxurious gallery style space, perfect for your special automobile collection or luxury motorcoach, you may customize by adding a mezzanine, cabinetry, lifts, whatever your imagination dreams up! An additional outdoor parking space for trailers, boats, RV/motorhomes, other vehicle, etc. is included in this purchase. Owners will enjoy the private clubhouse with well-appointed indoor and outdoor entertaining spaces, a gated & highly secure campus with advanced security measures & on-site manager. This community was built high & dry, 41. 5 ft above sea level, impact windows & doors and to withstand Category 4 storm. Unit 44 is approximately 16' wide x 62' deep. There is a separate pedestrian entrance and garage door 12'W x 14'H. Wheel Base Premium Garage Condos is a garage condominium facility in the Sarasota and Lakewood Ranch area, consisting of 46 privately owned, climate-controlled garage condominiums. The garages are designed for the personal warehousing of rolling assets, especially car collections, where owners can store their prized belongings in a social setting. Truly unique, secure, & upscale, owners enjoy a fully equipped owners’ lounge & the security of a completely enclosed campus with advanced security and construction. The grounds, buildings, & condominiums were designed with the automotive enthusiast’s lifestyle in mind. Designed to protect & secure your prized possessions, while providing a private, luxurious, and feature-rich environment. Enjoy the benefits of owning your space vs renting, you may customize it further and watch your asset grow. Come see why Wheel Base is the premium garage condo community in Sarasota and this opportunity doesn't happen often!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
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 | $230 | $230 | $230 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,262 | $2,892 |
Total Monthly Payment | $2,567 | $2,567 | $3,197 |
* 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.