Have you always wanted to watch dolphins play on your doorstep? Then this delightful 2 bedroom condo, nestled on the South end of the John Ringling Causeway, is exactly what you were looking for. It offers immaculate views of Sarasota Bay and picturesque sunsets year-round. Find tranquility at Sarasota Harbour East, a 55+ community, home to many friendly neighbors, wildlife, and sea creatures. Unit 7 of the Fairmount building is a corner residence on ground level with plenty of upgrades to appreciate. Upon entering you're greeted with a bright and comfortable atmosphere with plenty of natural light. Enjoy a haven of a kitchen hosting name-brand appliances, stunning countertops, and a plethora of storage, you can be sure the chef within you will be satisfied. The primary suite continues providing serene views of the manicured lawn and the turquoise waters of our beautiful Bayfront, accompanied by boat docks for the community (available by application, not included with sale). The hurricane-rated windows are covered by Hunter Douglas blinds to keep you secluded from the exciting city outside. If you're seeking a peaceful retreat or a vibrant community to socialize and explore, this Sarasota Bay condo offers the best of both worlds. Located in our magnificent city, just moments from exciting St. Armand's or scenic Downtown Sarasota. Don't miss the opportunity to make this waterfront escape your new home! WHY NOT!?
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 | $480,000 | $480,000 | $480,000 |
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 | $506 | $506 | $506 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,995 | $2,917 | $3,793 |
Total Monthly Payment | $3,593 | $3,515 | $4,391 |
* 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.