Under contract-accepting backup offers. STUNNING UPDATES THROUGHOUT in Highly Coveted SOUTH GATE Neighborhood!. . . . . Incredible Investment and Continuity of Well Appointed Finishes and Detailed Workmanship make this Bright & Spacious (2) Bedroom (2) Bath with Open Floor Plan a SHOWSTOPPER!***Vinyl Luxury Plank Flooring; Quartz Countertops; HURRICANE IMPACT WINDOWS; Smooth Stucco Exterior; New Interior Plumbing; Completely Remodeled Bathrooms; Appliances (2024) and Updated Cabinetry & Builtins. . . You will appreciate both the HIGH ELEVATION of this homesite as well as the ease of Indoor/Outdoor Living while Enjoying Morning Coffee & Sunset Cocktails on Expansive Trex Decking***Generous and FULLY FENCED Backyard (more than enough room for pool) is Perfect for Entertaining, Gardening & Fido!***Oversized & Secured Garage***NEWER ROOF (2020) . . . CONVENIENT & CENTRAL Location, only 5 minutes to top rated Siesta Key Beach; Sarasota Memorial Hospital; the shops, restaurants and markets of Southside Village; and a quick 4 miles to the dynamic downtown Sarasota Bayfront. South Gate is one of Sarasota's Great Year-Round Residential Neighborhoods and Sidewalk Communities--perfect for morning strolls and evening walks with your dog. The Popular Legacy Bike Trail is just moments away. Optional South Gate Community Membership available with Pool & Sarasota School of Architecture Victor Lundy Community Center. . . . Perfect as Primary Home, Investment Property or Seasonal Residence!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $301 | $301 | $301 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,581 | $3,578 | $4,502 |
* 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.