Located less than 7 miles from downtown Sarasota and 4 miles from Siesta Key Beach, you’ll find this desirable 2-bedroom, 2 bath home with den, private heated saltwater pool and expansive fenced backyard. The quaint and friendly neighborhood of Gulf Gate Woods sets the scene for a relaxed lifestyle, and once you step into this updated property, you’ll instantly envision how to make this space your own. Generous living and entertaining areas include a large great room, formal dining area, and an elegant kitchen with gleaming newer stainless-steel appliances, solid surface counters and a convenient pass through to the pool area. The split floor plan provides privacy and seclusion, while ceramic tile and new laminate flooring creates a fabulous flow from space to space. You’ll savor every sip of your coffee in the sprawling enclosed lanai amid the cool Fall breeze. With no maintenance needed, this home has a 2019 HVAC system and impact glass windows throughout. A convenient oversized 2-car garage completes the picture. Gulf Gate is a sought-after area of Sarasota with its amazing proximity to the downtown core and some of the best beaches. Nearby you’ll also find schools, medical facilities, grocery stores and almost anything else you could need to live well.
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
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 | $302 | $302 | $302 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,082 | $3,043 | $3,906 |
Total Monthly Payment | $3,476 | $3,437 | $4,300 |
* 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.