GREAT VALUE and COASTAL LOCATION CLOSE TO THE TOP-RATED U. S. BEACH ON SIESTA KEY! Enjoy the quiet comfort of living in an end unit, in a large 1-bedroom condominium home with spacious vaulted ceilings, a screened and covered patio with a view of the main lake and clubhouse pool, a master bedroom with en suite bathroom with walk-in closet and a separate laundry room with storage. The home has been upgraded with plank wood style flooring (vinyl), custom tile and counters with dual-sinks in the master bath, stainless steel appliances and a tankless on-demand water heater. The building exterior has been renovated and new, impact resistant PGT thermal windows installed in 2018. The unit is accessed by a covered breezeway entry and comes with an assigned, lighted carport located in the first space adjacent to the building (there is open parking for guests). The home features an open floor plan with high ceilings, the living area is spacious and bright with an attached patio (slider doors), a large kitchen with closet pantry and breakfast bar that faces both the living room and dining area. The laundry room has a full-size washer and dryer with room for storage. This home is located within the gated community named “Bella Villino Condominiums” which was an award winning, master planned development of “Palmer Ranch” in Sarasota. The community boasts superb amenities not available at comparable properties in this price range and features an elegant clubhouse with resort style heated pool and spa, pool baths, large fitness center with state of art equipment including cardio machines, tv monitors, indoor racquetball and basketball, billiards room, and business center. The community has a newly resurfaced tennis court (or pickleball), car detail area, gas grills with picnic areas and pet stations that are located around the property, onsite manager and maintenance staff, and other community amenities. It is close to world class beaches, marinas, the popular Legacy Trail (bicycle/jog/walk), shopping, restaurants, golf courses and much more. The home is ready for a new owner and easy to show. The location of this community and price is hard to beat for a central Sarasota location along the gulf coast.
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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 | $195,920 | $195,920 | $195,920 |
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 | $186 | $186 | $186 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,303 | $1,302 | $1,680 |
Total Monthly Payment | $1,564 | $1,563 | $1,941 |
* 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.