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FIRST FLOOR, END UNIT, LAKE VIEW, smoke-free, 2 Bed/ 2 attached bath, 1060 sq. ft. condo, located in Sarasota’s desirable community, The Meadows. This updated and bright end unit offers privacy and ease. The lanai and primary bedroom look out to a beautiful lake with serene sunset views and frequent roaming wildlife. Remodeled white kitchen with soft close cabinets and drawers, granite countertops, brand new HVAC system installed 2021, new microwave and dishwasher 2021, new refrigerator 2023. Newer laminate hardwood flooring, washer/dryer, bathroom vanities, light fixtures, toilets and paint throughout. Other improvements made in 2021 or after including brand new doorknobs on all doors, lanai ceiling fan installed 2022, handheld shower head in primary, safety bar with both showers, upgraded lanai door handle installed, 10-year carbon monoxide/fire detectors installed 2023. , new light fixtures in kitchen, dining and bathrooms.
Assigned parking spot in front of unit with additional guests' spots. Large, heated pool a short walk away.
A wonderful place to live or rent. Exceptional rental capability with off season rates fetching $2300 and high season rates $3800.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,900
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 | $260,720 | $260,720 | $260,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $284 | $284 | $284 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,735 | $1,733 | $2,235 |
Total Monthly Payment | $2,094 | $2,092 | $2,594 |
* 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.