IMAGINE A 3 BR. 2 BA -BAY VIEW OF SARASOTA BAY - WITH BEAUTIFUL SUNSETS - This unit needs TLC in one of the best locations for sunsets and views. Located directly across from Longboat Key. GREAT VIEW, BEAUTIFUL SUNSETS, GREAT PRICE. Nestled within a tropical commnity with the emphasis on lush landscaping. Adjacent to several golf communities such as IMG Golf and Country Club which offers public golf and waterfront dining. This home features hurricane windows and shutters that worked during the last three storms. The community offers a heated pool and spa just steps from the building. Kayaking in the bay or just stroll along this quiet community. Convenient to restaurants and beaches of Anna Maria and SRQ airport and events. This 55+ community also allows pets and rentals with restrictions. Live it and slowly fix it up if you like, while you enjoy the views. Either way this will be a residence that you could really enjoy and have it your way.
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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 | $346,000 | $346,000 | $346,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.146% | 6.256% |
Monthly Tax Payment | $485 | $485 | $485 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,244 | $2,300 | $2,918 |
Total Monthly Payment | $2,804 | $2,860 | $3,478 |
* 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.