One or more photo(s) have been virtually staged. LOW HOA Fees and NO CDD Fees. This coveted ground floor updated 2 bd/2 bath, 996 sqft condo in the #1 multi-generational community in the US, Lakewood Ranch is ready for you to move right in! Located in the “The Village at Townpark”, you are 1. 2 miles from grocery, shopping, and medical. 2. 7 miles from Sarasota’s newest and largest indoor mall University Town Center, 4. 6 mi from the new Waterside Place, Sarasota’s first lakeside shopping and eatery destination, and 18 miles from Siesta Key Beach, voted #1 beach in the country year over year. This unit features all stainless steel appliances, stone countertops, wood cabinets, updated bathroom vanities, and fresh paint throughout. No carpet here! With 2 walk-in closets, in-unit laundry including a full size washer/dryer, and a large storage closet off your patio and inside living area, you’ll have plenty of storage space. Enjoy relaxing lake views just around the corner from your front door. Investors benefit from the 3 month minimum/4 times a year rental policy. Owners enjoy the low-maintenance, convenient lifestyle. The Village at Townpark is a nature lover's dream offering mature landscaping, lake views, sidewalks, heated pool, fitness center, clubhouse, and pet-friendly. Lakewood Ranch is home to top A-rated schools, medical facilities, world-class golf, and the area's first indoor Pickleball Club!
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:
$266,000
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 | $212,800 | $212,800 | $212,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $242 | $242 | $242 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,416 | $1,414 | $1,795 |
Total Monthly Payment | $1,733 | $1,731 | $2,112 |
* 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.