Co-op Opportunity Time in sought after Southwinds MHP! This mobile home is located way in the back on a peaceful street with friendly neighbors. This is the affordable one in the entire park! Approximately 1 Mile to World Famous Siesta Key Beaches and minutes to fine restaurants, several fitness centers, Legacy Trail, Shopping, Publix, Costco, Movie Theaters & More. Turnkey ready; make this your winter retreat or live full time year-round in beautiful, sunny, South Sarasota! Southwinds is a 55+ Community that offers low monthly HOA fees of only $175/month. This mobile home park is one of the most desirable because this land is owned (no lot rent). 20 minutes to cultural downtown Sarasota and St. Armand's Circle. Fees include: Cable TV*Heated Community Pool*Lawn Maintenance*Water & Sewer. This property is being Sold "As Is with the Right to Inspect". If desired, there is probably room to haul this mobile home out and bring a new mobile home in! You will love the huge, heated community pool, shuffleboard, horseshoe pits, library, recreation hall & more. Guest parking and additional parking for RV's & Boats. Enjoy a fun, carefree lifestlye, maintenance free living in this resident owned, adult co-op! Friendly office staff and a very manicured park make it better! The price includes "1 Share" in this co-op. Make this one yours today but don't wait; it simply won't last! H-U-R-R-Y!
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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 | $83,920 | $83,920 | $83,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $120 | $120 | $120 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $510 | $510 | $663 |
Total Monthly Payment | $705 | $705 | $858 |
* 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.