THIS IS TRULY AFFORDABLE! Amazingly economical w/low HOA & taxes. Stay a few winter months or make it your full time residence. Investors - Second Bayshore is the only Assoc with just 1-yr ownership prior to renting! Compact, tidy, semi-furnished 1BR/1BA on 2nd floor in L-bldg. Come check out this appealing 55+ community's heated pool/spa, clubhouse, spacious/modern coin laundry, there are picnic tables & gas grill for cookouts. Lots of activities & fun times thru the season. Super location. . . only a couple blocks to Bayshore Gdns Shopping Center (Target, Publix, TJMaxx, BofA, etc. ) 15 minutes to pristine Ana Maria Island beaches! Public library is near the other shopping center. Public transportation is just a block away to the beach or to downtown Sarasota. There are plenty of nearby places to eat & enjoy. Now is ABSOLUTELY the time to act before it's too late. Interested? Schedule a showing today.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$118,751
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 | $95,001 | $95,001 | $95,001 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $63 | $63 | $63 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $632 | $631 | $801 |
Total Monthly Payment | $770 | $769 | $939 |
* 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.