GREAT COASTAL SARASOTA LOCATION AND CLOSE TO THE TOP-RATED U. S. BEACH ON SIESTA KEY! Enjoy the comfort of living at Bella Villino Condominiums in this one-bedroom, first-floor end unit condominium with a lake and pond view, a screened patio (lanai), and an oversized, 2-car tandem garage. Waterfront unit locations on the first floor with a garage are rarely available and add significant value to the price. There is driveway space, and open parking is also available for guests. The location is in a peaceful area of the community, and this unit has some direct sunrise views from both the patio and master bedroom. The open floor plan is tiled in all living areas, has high ceilings with crown molding, a breakfast bar, and a utility room. The kitchen is a “g-style” layout with upgraded raised panel cabinets, a breakfast bar facing the living room, a pantry closet, and an opening on the side to the dining area. The master bedroom has an en-suite bathroom. The attached bathroom features a large tub with a shower, a linen closet, and a walk-in closet with shelving. There is a separate laundry room with built-in shelving for added storage. The building exterior has been renovated, and impact-resistant PGT thermal windows have been installed. The home is located within the gated community named “Bella Villino Condominiums, ” which is located in the award-winning, master-planned development of “Palmer Ranch. ”. The community boasts superb amenities not available at comparable properties in this price range and features an elegant clubhouse with security cameras, a resort-style pool and spa, indoor racquetball, basketball, billiards, a business center, a tennis court, pickleball, gas grills and tables, pet stations, an onsite manager, and maintenance staff. It is close to world-class beaches, marinas, the popular Legacy Trail (bicycle, jog, or walk), shopping, restaurants, golf courses, and much more. The location of this community and price are hard to beat for a central Sarasota location along the Gulf Coast.
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Our Executive Mortgage Banker:
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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 | $196,720 | $196,720 | $196,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.146% | 6.256% |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,309 | $1,307 | $1,659 |
Total Monthly Payment | $1,571 | $1,569 | $1,921 |
* 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.