This is an updated 2 bedroom 2 bathroom ground floor garden condo in the Hidden Lake Village Community. The unit is updated with wood-grain flooring. The kitchen features stainless steel appliances and solid surface countertops. The master bedroom has an ensuite bathroom and two separate closets. There is also a spare bedroom and a guest bath with a tub-shower combination. The unit also has a screened-in patio with a storage closet and a view of the tropical garden. The condo is part of Hidden Lake Village, a subdivision that offers many amenities and features. The community has two pools, a clubhouse, and a tennis court. There is a coin laundry located inside the community. The clubhouse is currently closed for renovations. The location is convenient, as it is close to Ed Smith Stadium, Downtown Sarasota, Selby Gardens, and not far from the Sarasota International Airport, UTC Mall, St. Armands Circle, and Lido Key Beach. Please allow up to 3 weeks after approval before move-in for the HOA to process their own application. We score every application. If an application doesn’t score high enough, the resident may be required to place the equivalent of two months’ rent in a security deposit. Please be aware that leasing this property includes a non-optional Home Assistant Services Package that will cost an additional $30 per month. These services and their cost are separate from Tenant’s monthly rent payment and all other payments described in the Lease or any separate Lease addendums. The Home Assistant Services offered are described in the Resident Welcome Packet which can be viewed here: www. sarasotamanagement. com/home-assistant/
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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 | $1,356 | $1,356 | $1,356 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $9 | $12 |
Total Monthly Payment | $84 | $84 | $87 |
* 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.