Owner recently closed on this brand new luxury townhome right on Phillippi Creek, in resort style gated community! This beautiful townhome is top notch and includes a private elevator. There are four bedrooms, 3 bathrooms flooded with sun light from abundant windows as this is an end unit. The open floor plan makes family time and entertaining easy. The kitchen has solid wooden cabinetry topped with slab granite counters with breakfast bar, custom backsplash and gleaming stainless steel appliances. One bedroom and full bathroom on the main floor while the owners suite with sitting room overlooking the water and two additional bedrooms are on the top floor! There is tandem garage parking is available for 2 vehicles. This west of trail luxury complex has 24 hour security, a large clubhouse with full catering kitchen, library, fitness center, resort style pool with hot tub and covered lounging area, billiard room, piano, bar, media lounge, BBQ grills, dock and kayak storage. This development is only 7 minutes to Siesta Key, close to shopping, fine and causal dining, and downtown Sarasota. The seasonal rate is $6000 per month (Dec thru April) and $4500 the rest of the year, HOA requires a 3 month minimum rental. This community is governed by a homeowners association. Approval may include an application, background screening, fees, and an approval process. Contact the agent for details. NOW RENTED JAN THRU MARCH 2025. Call NOW for your next vacation!
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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 | $4,800 | $4,800 | $4,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $30 | $29 | $38 |
Total Monthly Payment | $105 | $104 | $113 |
* 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.