DOWNTOWN SARASOTA CONDO WITH AMAZING OCEAN VIEWS FROM EVERY ROOM! MAY BE SOLD FURNISHED OR UNFURNISHED. COMPLEX IS SCHEDULED FOR NEW CARPET AND PAINT IN COMMON AREAS FOR 2024.
This 3 bedroom 2 bath unit with updated baths and kitchen is turnkey ready. Fully furnished, this open floor plan is bright and airy. Third bedroom is furnished as an office with breathtaking views of the park and Sarasota Bay. The Primary suite has a pocket door for added privacy and a very spacious bath complete with double sinks. This suite also has its own private balcony with water views. Kitchen is contemporary and nicely appointed, with stainless appliances and updated cabinets, countertops and bar seating. The living/dining combo has sliders that open to a covered balcony with wide open ocean views and those incredible Florida sunsets. Inside laundry room and generous walk in closets are just a couple of the features this beautiful unit has to offer. Unit also comes with storage unit in garage. Located right in the heart of downtown Sarasota and close to every possible amenity, boating, fishing, beaches, the arts and theater. You are only steps away from the Van Wezel, The Ritz Carlton and Marina Jack Yacht Basin. Downtown Sarasota is charming and full of restaurants, shopping, spas, and recreation. Minutes away from our world famous beaches, St. Armands Circle, and multi-million dollar residences, this location cannot be beat! Grab your shades and come live here-where others only dream to vacation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$520,000
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 | $416,000 | $416,000 | $416,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $506 | $506 | $506 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,768 | $2,733 | $3,508 |
Total Monthly Payment | $3,366 | $3,331 | $4,106 |
* 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.