Perfect investment property, personal vacation getaway or full-time residence with this 1 bedroom, 1 bathroom villa located in Bunker Oaks in The Meadows. Being sold TURNKEY-FURNISHED, this is an easy decision to make when deciding on the perfect villa with amazing, panoramic golf course views and low HOA fees. The association allows monthly rentals so sky’s the limit with income earning potential. Upgrades/renovations include: popcorn ceilings removed, interior laundry unit, tile flooring throughout, new cabinet storage added in living room, granite counters in kitchenette, full size oven/range, recessed lighting, white cabinetry plus floating shelves. Bedroom has a king size bed and the living room sofa has a pull out bed for guests. New roof and exterior siding installed in 2019. Brand new AC system installed April 2024. The Meadows’ Renaissance Access Card Program provides all homeowners and yearly tenants access to amenities such as fitness center, JR Olympic pool, dog park, basketball court, dining, pickleball courts, playground, fishing, 14 miles of walking/running/biking trails, without extra fees. Membership to The Meadows Country Club is optional and affordable for use of the 17 Har Tru tennis courts and 3 golf courses (2 public, 1 private). The unbeatable Meadows location offers easy access to Downtown Sarasota, University Town Center, Downtown Lakewood Ranch, I-75, Nathan Benderson aquatic Center, Mote Marine Aquarium and the white sandy beaches and gulf waters. The Village Shops located within the Meadows provides a convenience store, restaurants, a pre-school, massage therapist, physical therapy office, and Sunday Farmer’s Market during the months of October through April.
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Our Executive Mortgage Banker:
Our Insurance Division:
$245,700
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 | $196,560 | $196,560 | $196,560 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $173 | $173 | $173 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,275 | $1,291 | $1,645 |
Total Monthly Payment | $1,523 | $1,539 | $1,893 |
* 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.