Under contract-accepting backup offers. Come paint your masterpiece, your blank canvas has arrived. ORIGINAL Owner has lightly used, cared and loved this property from the beginning. This is a beautifully maintained Townhome in Cedars East Fitness & Tennis Resort. Ideally, it is located in a prime location of Cedars East providing easy access to the community's first class amenities. This home's positioning offers enchanting views of tropical foliage and warm western exposure . Perfect for our picturesss island sunsets. The open, spacious, private and bright combined with the tropical foliage will absolutely put you in that relaxed island-life state of mind. This beautiful home, with its high ceilings and open flowing floor plan, features an open kitchen with the snack bar leading right into the dining and family room, giving you an open and spacious living area. This home has gorgeous colors and materials throughout the entire interior. Real hardwood floors through the whole first floor. The kitchen offers updated appliances including a wine fridge. Off the kitchen you will find a half bath. The primary bedroom is oversized with a wall of windows offering those wooded views of our tropical island foliage and sunsets. The Master bathroom is large with his and her dual vanities and beautiful corner jacuzzi tub. Screened and covered lanai off the family room is a peaceful oasis surrounded by an island landscape and privacy. The exterior was resided w/ maintenance-free Hardi Board Siding along w/ newer windows were installed. In unit washer and dryer are ideal. Downstairs you will find the oversized garage with a large storage closet, perfect for all the hobbies and is a very rare asset on Longboat Key. Cedars East is a 66-acre village-like townhome setting, surrounded by nature & close access to both the beach and bay on the beautiful north end of Longboat Key. Spacious and tropical community w/ lit boardwalks leading through mangroves to amenities including heated Jr. Olympic Size Pool, Ten Har-Tru Tennis Courts, Club House w/ Pro-Shop, 24hr Fitness Center, Tiki bar, Restaurant, Fishing Pier & kayak launch. Some amenities require additional membership to the club for use. Walking distance to area attractions like Harry's Deli and Continental Kitchen, a true island gem in Joan Durante Park, Euphemia Haye Restaurant & The Haye Loft, and, of course, Longboat Key's world-famous sugary white sand beaches. Close to other main attractions and cultural events, e. g. , St. Armand's Circle - famous for world-class shopping and dining, Mote Aquarium with marine exhibits and marine/kayaking excursions, the Asolo Repertory Theatre, Van Wezel Performing Arts Center, Marie Selby Gardens, Anna Maria Island, Ringling Museum complex and numerous dining options on Longboat and in downtown Sarasota. If you are a golfer, there are a number of top-rated courses nearby. Spacious Condo Ownership, property w/ Townhome Design, is perfect for seasonal or year-round living. Convenient on-site rental mgmt company, if desired, with a convenient 2-week minimum rental policy w/in the community. Excellent future rental projections available to share. Cedars is also a pet-friendly community!! Finally, the sellers are offering completely turn-key furnished to make your move seamless so, as you can see, what a property for your new beach residence.
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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 | $476,000 | $476,000 | $476,000 |
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 | $558 | $558 | $558 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,167 | $3,127 | $4,014 |
Total Monthly Payment | $3,817 | $3,777 | $4,664 |
* 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.