7150 N Tamiami TRAIL, #S611, Sarasota, FL, 34243 | $145,000

NO RENTAL RESTRICTIONS! COMPLETELY RENOVATED. . . BEAUTIFULLY RENOVATED SECOND FLOOR, CONDOMINIUM, WITH A Neighborhood VIEW, THIS UNIT HAS BEEN BEAUTIFULLY RENOVATED, and a Kitchen added on!!! . This property is approximately one miles north of Sarasota Bradenton International Airport, just minutes from great shopping, museums, art galleries, restaurants, farmers markets, and other unique entertainment opportunities. This area is also well known for destination vacations with some of the best beaches in the country, including Anna Maria Island, Coquina Beach, Lido Beach, Longboat Key Beach, and Siesta Key Beach. These privately owned condo-hotel residences are located within the ‘Ramada By Wyndham Sarasota Waterfront Resort’. This unit is a turn key furnished and a newly painted condo. Updated laminate flooring in the bedroom area with tiled floors in the luxurious full bathroom. Included is a newer mid sized refrigerator, microwave for your convenience. This condominium has a destination feeling and has a great reputation for staying rented throughout the year. Each residence allows daily to short term rentals with no minimum leasing restrictions. Enjoy staying in this newly updated unit which is located inside a waterfront property with direct access to Gulf waters. Owners are able enjoy the Ramada Hotel's Resort Lifestyle with amenities that include a newly remodeled onsite waterfront restaurant/tiki bar, ‘Tarpon Bay Grill and Tiki Bar’, heated waterfront pool, beach volleyball, fitness room, roaming security, community laundry, and open common areas. The monthly Condo HOA fees include all utilities (Electric, Water, Internet, Cable, Phone, Sewer and Trash, Exterior Maintenance, Interior Common Areas) making your overhead expenses minimal and easy to budget. This rare income producing investment opportunity allows you to enjoy all the amenities of beautiful South Florida with access to you anytime you want.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Complex: SARASOTA CAY CLUB CONDO
  • Year Built: 1959
  • Common Charge: $620 Monthly
  • Approx Sq. Feet: 348
  • Acreage: 1.34
  • Est. Taxes: $1,477
  • Pet Policy: Yes
  • Appliances: Microwave, Refrigerator
  • MLS#: A4617480
  • Days on Market: 87 days
  • Website: https://www.raveis.com
    /prop/A4617480/7150ntamiamitrail_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 4:17:08 PM)
Listing courtesy of WRA BUSINESS & REAL ESTATE   Phone: 407-512-1008

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

7150 N Tamiami TRAIL, #S611, Sarasota, FL, 34243

$145,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $116,000 $116,000 $116,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.055% 6.256%
Monthly Tax Payment $123 $123 $123
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $772 $762 $978
Total Monthly Payment $970 $960 $1,176

* 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.