One or more photo(s) has been virtually staged. Welcome to your new condo in Spring Lakes! Have peace of mind knowing neither Hurricane Helene or Milton caused any damage. This spacious unit feels much larger than it's actual square footage and is filled with an abundance with natural light. The living room, master bedroom and 3rd bedroom overlook gorgeous, lush foliage and flowers in a backyard that feels very private and serene. You enjoy it, others maintain it! (or your HOA fees ). The 3rd bedroom is versatile, with slider doors off the living room. Open the sliders up and you have endless possibilities, an overflow gathering room for family. Or, simply use it for a den/ workspace with a relaxing view of the outdoors as you perform your tasks. The kitchen has ample storage, and is just waiting for its new owners to put some personal touches on it. With updated flooring and neutral paint throughout, this space is move in ready for a new owner. The additional 300 square feet from the enclosed lanai are wonderful for relaxing and a bit of fresh air. Excellent value, finding a better deal will be tough! Enjoy the 2 community pools, tennis court and pickleball. Location is just one mile away from IMG Academy, as well as a short drive to Sarasota, with the Ringling, Van Wezel & SRQ Airport being easily accessible. This cluster is ideal for a primary or vacation home, and NOT a 55+.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $169 | $169 | $169 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,632 | $1,590 | $2,051 |
Total Monthly Payment | $1,876 | $1,834 | $2,295 |
* 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.