FIRST FLOOR, ONE BEDROOM. Welcome to resort-style living in Sarasota in one of the finest community locations along the Gulf Coast near the white sands of Siesta Key. This cozy one-bedroom, one-bath condominium is located in Bella Villino Condominiums, a gated community and a part of the award-winning, master-planned development of Palmer Ranch. The home has an open floor plan and a large living area with a breakfast bar that is centrally located. It has a utility/laundry closet and comes with an assigned, lighted carport that is adjacent to the building. New impact-resistant windows were installed and the building exterior refurbished, paid in full. The size of the rooms is nicely balanced, and the floor plan flows well as you move around. The updates include luxury wood plank-style vinyl flooring, baseboards, cabinets, sinks, faucets, a quartz countertop and breakfast bar, stainless steel appliances, a convection range, washer, dryer, bath vanity, and a walk-in shower. The kitchen, dining room, and breakfast bar are in close proximity to each other, which serves to separate the oversized living room. The dining area is well situated to the side of the kitchen. The master suite has two closets and an en-suite bathroom with a roomy glass-front, walk-in shower. Bella Villino as a community boasts superb amenities not available at comparable properties in this price range. Its lifestyle benefits include an elegant clubhouse with a resort-style pool and spa, pool baths, a large fitness center with a range of equipment, including cardio machines, TV monitors, indoor racquetball and basketball, a billiards room, and a business center. A fenced tennis and pickleball court, a car detail area, gas grills with picnic areas and pet stations that are located around the property, an onsite manager and maintenance staff, and other 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 simple to show. The location of this community and price are difficult to beat for a central Sarasota location along the Gulf Coast.
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Our Executive Mortgage Banker:
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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 | $191,920 | $191,920 | $191,920 |
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 | $160 | $160 | $160 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,277 | $1,276 | $1,646 |
Total Monthly Payment | $1,512 | $1,511 | $1,881 |
* 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.