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Private, beautiful and spacious. . . This lovely 2 bedroom, 2 1/2 bathroom condominium/townhouse in the highly desirable bay section of Cedars East. Located just steps away from Sarasota bay. The home is well updated with two beautifully renovated full bathrooms featuring quartz countertops and luxury vinyl plank flooring throughout the first level. Fantastic water views from the kitchen, as well as the 2nd bedroom and a partial water view from the primary bedroom. Open floorplan has lots of closet space and indoor laundry. Enjoy morning coffee on a wonderful lanai with garden views. Updates also include: Nest thermostats, air conditioning 2023, washer/dryer 2023, refrigerator 2023 and window treatments 2023. EV charger recently installed in the oversized, one car garage. This home is a special place as it is extremely private, while nestled near the bay. Walk your kayak 50 feet and drop it in the bay for an amazing morning tour. Ride your bicycle or take a walk to nearby beaches and restaurants. Enjoy the peaceful views as you sit on the community private fishing pier or drop a line and fish. Walk the lit nature boardwalk trails through the mangroves, enjoy a swim in the heated Junior Olympic size community pool or grab a bite to eat or a drink at the Tiki Bar & Restaurant. . . so much to take in and explore. Love the resort life? You have a membership option to the Cedars East Resort where you will have use of ten well kept lighted Har-Tru tennis courts, clubhouse, /Pro Shop and the fully equipped 24 hour fitness center. This home is tastefully and nicely decorated and being sold furnished including 2 heavy duty kayaks in garage with 4 life jackets/oars included (steps from Sarasota Bay entrance to drop them right in from garage) If you are looking for a great investment opportunity with a strong rental history, take advantage of the two-week rental schedule or just relax & enjoy this peace of paradise with family & friends . Pet friendly environment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$729,000
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 | $583,200 | $583,200 | $583,200 |
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 | 7.828% | 7.133% | 6.276% |
Monthly Tax Payment | $543 | $543 | $543 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,880 | $3,876 | $4,918 |
Total Monthly Payment | $4,515 | $4,511 | $5,553 |
* 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.