WELCOME TO THIS SPACIOUS AND WELL MAINTAINED HOME in the Highly Desirable South Gate Neighborhood in Sarasota, Florida!
2 Bedroom, 2 Bath Home with 1, 464 Square Feet of Living Space located on a Quiet Street. MOVE-IN CONDITION! Great Room with OPEN PLAN that seamlessly connects the Living room, Dining room and Kitchen areas. Plenty of light in the Great room with 10 Foot Sliding Doors that open to the Large Screened Lanai. UPDATED KITCHEN with Solid Surface Counters and Wood Cabinets. Breakfast Nook with Built-in Glass Cabinet. Oversized 2 Car Garage with Great Storage Space or Potential Workshop. NEW ROOF IN JANUARY 2023. NEW WASHER AND DRYER IN DEC. 24. Freshly Painted Exterior January 2025. Many great updates throughout, and the original deco-inspired baths add to the charm of this unique home. VERY LARGE AND PRIVATE FENCED YARD - perfect for Gardening, Entertaining and your Furry Friends to roam. Plenty of Room for a Pool. Beautiful Terrazzo Floors in most rooms and the lanai. Bamboo Floor in Kitchen and Dining Room. Whole house re-piped with CPVC and new sewer line in 2009.
Great location - 4 miles to the Stunning Sarasota Bayfront and Downtown Dining and Theater; 7 miles to Top Rated Siesta Key Beach; less than 3 miles to Sarasota Memorial Hospital and only 1 mile to the Legacy Trail.
Optional membership in the South Gate Community Assn for $200 per year includes Special Events, use of the Community Pool and the 5 Acre Park on Phillippi Creek.
Perfect for Primary Home, Investment Property or Seasonal Residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$429,500
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 | $343,600 | $343,600 | $343,600 |
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 | $108 | $108 | $108 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,257 | $2,284 | $2,923 |
Total Monthly Payment | $2,440 | $2,467 | $3,106 |
* 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.