Welcome to Watercrest, one of Lakewood Ranches' premier luxury resort condo communities! As you drive through the lush landscaping up to the front gate, you'll begin to realize that you've found a very special place. After passing through the gate and driving on the peaceful winding road back to the 6474 building, you begin to see Lake Huihlein on the right peeking through the other impeccably maintained buildings. Driving under the 6474 building and into your oversized 2 car garage, you'll appreciate how spacious this garage is plus it has an extra 9x12 bonus space for extra storage or for a workshop! After passing through the secure building foyer and up the elevator to your unit door, you are welcomed by a large open foyer with plenty of wall space for a bench seat and your favorite artwork. Walking into the kitchen and looking through the Living Room and patio, you'll realize why you purchased here, because the views of Lake Uihlein and the Legacy golf course are absolutely stunning! This 3 bedroom, 2 bath condo feels like a home but gives you the ease and peace of mind of being a maintenance free condo. The primary bedroom has a sliding glass door leading out to the spacious patio that offers breathtaking views of the lake and Legacy golf course. Double walk-in closets, a separate soaking tub and shower, along with a vanity sink on each side of the bathroom, complete the primary en-suite. The living room is spacious and connects to a beautiful kitchen with a breakfast bar for entertaining. The separate dining room affords more space for those larger dinners with friends and family. A large laundry room, 2 guest bedrooms, and a 2nd bathroom complete the back half of the condo. Each bedroom has warm neutral carpet, while the living room, dining room, and main hallway have deep rich wood flooring. The bathrooms and laundry room are finished with beautiful tile floors. No need to go very far to be active, as the clubhouse has a wonderful fitness room, heated pool and spa! When hosting larger events, you can reserve the clubhouse to use the entertaining room, meeting room, kitchen and veranda sundeck overlooking the lake and Legacy golf course! Lakewood Ranch is one of the fastest growing areas of Sarasota, so it's no wonder why so many want to live here, especially in Watercrest! With its world class beaches, boating, golfing, dining and entertainment, Sarasota has something to offer everyone. Main St of Lakewood Ranch is located just across the lake and has a movie theater, miniature golf, restaurants, and more! Enjoy a Saturday morning strolling through the farmer's market nearby, as you enjoy live music, tasty treats, and the tranquility of another beautiful lake just minutes away! The tourist season has just begun, and many are escaping the winter storms to be down here, so hurry and see this move-in ready condo before someone else gets it!
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William Raveis Mortgage, LLC
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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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $546 | $546 | $546 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,759 | $2,791 | $3,573 |
Total Monthly Payment | $3,397 | $3,429 | $4,211 |
* 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.