Welcome to your perfect retreat in the heart of Sarasota! This community is Investor friendly, whether you want to use it for Airbnb or long-term rentals! This charming 1-bedroom, 1-bathroom condominium offers 555 square feet of well-designed living space, ideal for those seeking comfort and convenience. Assessments have been paid in full by the Sellers. The modern kitchen is a highlight, featuring sleek stainless steel appliances and elegant granite countertops, making meal preparation a pleasure. This well-maintained home offers a cozy and efficient layout, perfect for a single resident or a couple. Whether you're a first-time homebuyer, looking to downsize, or seeking a vacation getaway, this condominium offers a blend of style and practicality. Located in a vibrant community, you’re just minutes away from Sarasota’s top attractions, including the world-renowned Siesta Key Beach, cultural landmarks, shopping, and dining. With easy access to major roads and local amenities, this property is not just a home, but a gateway to the best of Sarasota living. Don't miss the opportunity to own this beautiful condo and enjoy the Florida lifestyle you've always dreamed of!
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:
$184,990
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 | $147,992 | $147,992 | $147,992 |
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 | $149 | $149 | $149 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $985 | $984 | $1,269 |
Total Monthly Payment | $1,209 | $1,208 | $1,493 |
* 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.