Great $10, 000 PRICE REDUCTION Grab this great opportunity to live in a well-established 55 plus community with a clubhouse, heated pool, fitness center, library, sauna, BBQ grilling area, Billard room and shuffleboard. Community is located in the heart of Sarasota, minutes to Siesta Key Beach, downtown, Legacy Bike trail which has over 18 plus miles of paved bike and walking trails and numerous restaurants. Plus, a public golf course, Village Green (a Par 3) is directly across the street and then next to that is The Palms Golf Course, an Executive course. Come take a look at this 2 bedroom, 1 bath condo with a covered car port. Condo is a quick walk to the clubhouse and heated pool. Owners have painted the entire interior walls and began working on the kitchen but didn't finish. They did buy a new Bosch dishwasher and removed the old lighting in the ceiling. Come bring your creative ideas to complete the kitchen. Great pet friendly commuity which allows 2 small pets. Unit has a small screened in lanai that overlooks the garden area. This would be a great winter vacation home or year-round residents. Can also be rented on a monthly basis.
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Our Executive Mortgage Banker:
Our Insurance Division:
$179,000
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 | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $160 | $160 | $160 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $953 | $952 | $1,228 |
Total Monthly Payment | $1,188 | $1,187 | $1,463 |
* 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.