PICTURESQUE LAKE VIEWS AND THE BEST VALUE IN COASTAL LIVING! Imagine waking up to serene lake views and enjoying the sights of jumping mullet, diving pelicans, and majestic ospreys soaring above. Nestled on a peaceful peninsula cul-de-sac in the highly sought-after Lexington Circle of Mt Vernon on Sarasota Bay, this turnkey furnished lakefront villa is your opportunity to embrace relaxed coastal living at an unbeatable price! This charming home boasts recent upgrades for your peace of mind and convenience: 2024 AC system with Microban indoor air quality control, 2024 exterior paint, 2023 roof featuring 3rd-nail connectors for valuable insurance credits, 2023 painted interior, 2023 renovated guest bathroom, 2025 impact windows set to be installed this month! Enjoy the ease of single-level living with an attached private carport, outdoor secure storage, a wide driveway, and an extended glass-enclosed air-conditioned lanai- perfect for year-round relaxation. Inside, you’ll find an open-concept floor plan designed for comfort and functionality. Bedrooms are thoughtfully positioned on opposite sides for maximum privacy, making this villa ideal for hosting family or guests. Tile floors grace the foyer, kitchen, and bathrooms, while plush carpeting adds warmth to the remaining spaces. The fully equipped kitchen offers ample counter space, generous storage options; a pantry, Super Susan, and banks of drawers, plus a convenient breakfast bar for casual dining. The living-dining area is beautifully accented with chair railing and wainscoting and opens seamlessly to the lanai through a wall of sliding glass doors, ideal for entertaining. The spacious primary suite accommodates a king-size furniture set and features a bay window alcove with water views, a walk-in closet with pull-down attic stairs, and an ensuite bathroom complete with a walk-in shower, safety bars, and updated vanity, lighting, and fixtures. The completely renovated secondary bathroom shines with stylish tilework, a rain and handheld shower, storage niches, and a quartz-top vanity with drawers. Additional Highlights Include: 2019 Rheem water heater, epoxy-coated carport floor, wide driveway, Anderson storm door with retractable screen, enclosure behind the carport for extra storage, gutters and downspouts for added convenience. For boaters, boat docks are available for a one-time $25 fee, making this home even more desirable. Plus, owners have the option to install a 27-foot patio, a retractable awning across the back of the villa, and a 10-foot paved area behind the carport for extra outdoor living space. COMMUNITY FEATURES: clubhouse with banquet room, billiards, ping-pong, library & game room, lakeside veranda, boat docks, heated pool, tennis, pickleball, shuffleboard, bocce-ball, spa, sauna, workshop, chip & putting green; walking paths, butterfly garden, bay front park, kayak launch & storage, bayside pavilion, lakeside gazebo, bird sanctuary, tidal pond, many ponds & spacious grounds of nearly 90 acres teaming with wonderful Florida wildlife, plus many activities & socials. Have it all just minutes by car, boat and bike from Anna Maria Island’s sugar white sandy beaches, unique shops, and delicious dining. Start living like you're on vacation. DUES INCLUDE: water, sewer, trash, recycle, pest control, cable, internet, exterior and landscape maintenance, and amenities galore. Don't miss this opportunity to own your slice of paradise. Schedule your private showing today!
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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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $351 | $351 | $351 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,810 | $1,833 | $2,332 |
Total Monthly Payment | $2,236 | $2,259 | $2,758 |
* 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.