This stunning 3-bedroom plus loft, 2. 5-bath townhome offers a unique opportunity to own in the sought-after University Town Center (UTC) area of Sarasota, where it stands out as a superior option to brand-new construction. *End unit with a two-car attached garage. * With a modern, thoughtfully designed layout and premium upgrades throughout, this move-in-ready home provides both comfort and value. This residence features an open-concept floor plan with stylish finishes, including quartz countertops, stainless steel appliances and wood plank tile flooring. The spacious master suite boasts a large walk-in closet and ensuite bath. With upgraded fixtures, extended living space and a private screened lanai, this home is perfect for both entertaining and relaxation. Situated only steps away from the community cabana and pool. Beyond its contemporary charm, this property also comes with a unique advantage— an outstanding long-term tenant who is willing to stay if Buyer would like, offering immediate income potential for investors or flexibility for future homeowners. With its ideal location near top-rated beaches, vibrant shopping, and dining options, this home offers convenience and luxury in one of Sarasota's most desirable areas. Don’t miss out on this unbeatable opportunity to own a home that's not only move-in ready but outshines the competition!
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Our Executive Mortgage Banker:
Our Insurance Division:
$429,900
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 | $343,920 | $343,920 | $343,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $404 | $404 | $404 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,288 | $2,259 | $2,900 |
Total Monthly Payment | $2,767 | $2,738 | $3,379 |
* 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.