BENEFITS of owning a condo at Longwater Chase: LOW HOA FEES. GREAT INCOME PRODUCING. NO KNOWN ASSESSMENTS. ZONE X provides comfort and keeps insurance costs down. Stylish Turnkey Move-in Ready. Conveniently located less than 15 minutes to downtown Sarasota, Meadows Golf & Country Club! This beautifully updated, fully furnished second-floor condo provides a stress-free, maintenance-free lifestyle in a vibrant community. Step inside to an inviting light-filled, open floor plan with elegant luxury vinyl plank flooring throughout. The modern kitchen has shaker-style cabinets, granite countertops, a chic subway tile backsplash, and stainless steel appliances. Unwind in the spacious primary suite, where large windows and sliding glass doors fill the room with natural light and provide private access to the expansive screened lanai—the perfect spot to sip your morning coffee or relax with sunset views over the sparkling community pool. The suite also offers dual closets and a stylishly updated en-suite bath. Guests will love the private second bedroom, complete with an updated attached bath and access to a bonus balcony—ideal for fresh air and extra privacy. Additional highlights include in-unit laundry with storage, a stackable Frigidaire washer/dryer, and an assigned parking space. Longwater Chase is a well-maintained, pet-friendly community with two pools and plenty of space to lounge and socialize. Nestled within The Meadows, residents enjoy 14 miles of scenic trails, pickleball courts, a fitness center, a Jr. Olympic pool, and optional golf and tennis memberships. The community’s prime location provides quick access to downtown Sarasota, University Town Center, Nathan Benderson Park, and the stunning Gulf Coast beaches. With low HOA fees, a one-month minimum rental policy, and a highly desirable Flood Zone X location, this hurricane-tested, move-in-ready condo is a rare find. Don’t miss your chance to experience the best of Sarasota living—schedule your showing today!
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William Raveis Real Estate
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.000% | 7.017% | 6.120% |
Monthly Tax Payment | $242 | $242 | $242 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,492 | $1,571 | $2,002 |
Total Monthly Payment | $1,809 | $1,888 | $2,319 |
* 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.