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Under contract-accepting backup offers. The Meadows, one of Sarasota’s most established golf course communities, offers a range of amenities and is conveniently located just a 15-minute drive from downtown Sarasota. This prime location provides residents with easy access to the city’s attractions, including The University Town Center and its shopping districts, which are conveniently situated within minutes of the community. The Meadows community spans 1, 650 acres and features over 80 lakes, providing residents with ample opportunities for outdoor recreation and relaxation amidst the beauty of nature and wildlife. The development offers a comprehensive array of community amenities, including miles of biking and hiking trails, a playground, active sports facilities, a fitness center, a game and card room, billiards, social events, and more. Optional membership to the Meadows Country Club provides residents with access to exceptional amenities, including 54 holes of golf on three championship courses, 17 Har-Tru tennis courts with professional instruction, pickleball courts, a Junior Olympic Pool Complex, a fitness club offering a variety of classes, a restaurant providing dining and bar services, a member-only lounge, and diverse dining options for both members and non-members. The community boasts a shopping village, convenience store, beauty salon, dental office, village pub, and restaurant, catering to the residents’ daily needs and preferences. This exceptional home features an extra-wide driveway capable of accommodating four vehicles, a large pool measuring 15' x 40' with a gas and solar heater, and a new pool cage. The dining room extends to the pool, featuring a fully pocketed door that allows for complete openness. Additionally, the property offers breathtaking golf course view from nearly every room.
The roof is approximately nine years old, and the HVAC system is 5 years old.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
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 | $471,200 | $471,200 | $471,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $264 | $264 | $264 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,901 | $3,095 | $3,913 |
Total Monthly Payment | $3,257 | $3,451 | $4,269 |
* 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.