Under contract-accepting backup offers. Wild Oak Bay is one of the most beautiful communities in Manatee County. The area is adorned with lush courtyards that encircle the amenities of each enclave, allowing for beautiful bay breezes to flow in from the intercoastal and Sarasota Bay. A small brook runs just behind this property with a footbridge leading to the heated pool and spa. From the front screened lanai, you can catch a glimpse of Sarasota Bay while enjoying the water aerobics from the nearby pool. In the rear, the sound of the brook and wildlife can be heard, providing a serene atmosphere amidst the beautifully manicured grounds.
The condo has just had new roofs added, offering peace of mind for years to come. The bedrooms are spacious and feature walk-in closets. The living area is adorned with laminate floors while the bedrooms are carpeted. Additionally, the community has flexible renting allowances, making it convenient for those interested in renting out their property seasonally or annually. Pet owners will also be pleased to know that large pets are welcome in this community. You'll find great golfing opportunities close by and of course the beaches are just wonderful.
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Our Executive Mortgage Banker:
Our Insurance Division:
$283,500
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 | $226,800 | $226,800 | $226,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $299 | $299 | $299 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,415 | $1,378 | $1,792 |
Total Monthly Payment | $1,789 | $1,752 | $2,166 |
* 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.