Secluded waterfront community on Little Sarasota Bay with access to the Intracoastal Waterway and the Gulf of Mexico. Heron Bay Club has boat slips available. This small community on Little Sarasota Bay offers striking sunsets. Across from the northern section of Casey Key, the 10-acre property features 25 villas. This complex is intimate, quiet and peaceful. Part of the reason for the relaxing atmosphere is that Heron Bay Club lies off the beaten track. All villas have a courtyard entry, which creates a big, sheltered outdoor living area. This home has waterfront views along with views of the community pond with a custom fountain. 758 Sarabay has been updated from the ground up, including all hot and cold water plumbing lines, all electrical outlets and switches, along with a tankless water heater, newer appliances and more. Community amenities include a heated swimming pool, tennis courts, a fishing pier, dockage with electric and water, along with maintenance-free grounds. Also included in the HOA fee are water, cable and internet, roofs, property flood insurance, exterior painting and maintenance of the building, along with roadways, trash and recycling. You will not find another condominium with as much storage as this unit due to the attached two-car garage and the attic, which has high ceilings. This villa is a short distance from all Sarasota has to offer such as beaches, the arts and shopping. Visit Heron Bay Club and make it your new home!
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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 | $559,110 | $559,110 | $559,110 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $236 | $236 | $236 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,673 | $3,716 | $4,715 |
Total Monthly Payment | $4,001 | $4,044 | $5,043 |
* 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.