8100 Ciboney COURT, #3, Sarasota, FL, 34240 | $495,000

Under Construction. Private. Upscale. Secure. Introducing Sarasota/Lakewood Ranch's newest, luxury garage condominiums - Car Collective! Now under construction with completion scheduled this Fall 2024, Car Collective is an exceptional garage condominium facility specifically designed to provide a secure and hurricane impact-rated space for storing your valuable assets, with a special focus on car collections. At Car Collective, we offer more than just storage; it's a place where owners can cherish their prized belongings in a social and engaging setting. At Car Collective you will find a community of discerning garage condo owners with private, climate-controlled garages of different shapes and sizes with high ceilings to accommodate everyone's needs. Customizable in many ways. An escape from work and home, Car Collective is a place where condo owners have the space and freedom to tinker while listening to music or watching TV or simply enjoying peace and quiet. The possibilities are nearly endless! A complete workshop? Yes! A mezzanine lounge for additional square footage? Absolutely! Metal plate cabinets and benches? Of course! A lift? Big screen TV and sound system? A Coke or pinball machine? A poker table and popcorn maker? As an owner, your garage condo is yours to customize, decorate and use as you like. It is your garage and your space. Floor plans range in size from 800 - 2215 sq ft. Each unit includes a half bath, separate utility sink, WiFi, HVAC, fire sprinklers, utility sink, parking in front of each unit. The community is gated with advanced security measures, has a detail bay, and is built high and dry, 38. 2' above sea level and able to withstand Cat 4 storm. 11 garage condos will be built, 7 are now under contract. Car Collective is a real estate asset with the freedom of ownership.

Features

  • Rooms: 1
  • Laundry: None
  • Year Built: 2024
  • Garage: 5-car
  • Heating: Electric
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 1,243
  • Est. Taxes: $0
  • HOA Fee: $2,175 Annually
  • Pet Policy: Yes
  • MLS#: A4618071
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/A4618071/8100ciboneycourt_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 9/18/2024 11:35:28 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-388-4447

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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8100 Ciboney COURT, #3, Sarasota, FL, 34240

$495,000

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 $396,000 $396,000 $396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 5.990% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.470% 6.161% 5.248%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,406 $2,372 $3,129
Total Monthly Payment $2,481 $2,447 $3,204

* 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.