This premier corner unit at Waterfront on Main St offers breathtaking views of Lake Uhlein and the Lakewood Ranch Country Club golf course. Located in the heart of Lakewood Ranch, it is close to highly-rated schools, I-75, Sarasota Airport, beaches, golf courses, dining, and shopping at University Town Center Mall. Just minutes away are restaurants, bars, shops, a movie theater, and medical facilities. Classic car shows, live music nights, art shows, and holiday events make this a vibrant lifestyle destination. The open floor plan features high ceilings and bay-window for additional natural light. The third bedroom/office provides flexibility when guests visit. Enjoy resort-style amenities like the pool (salt water), spa, fitness center & clubhouse. Perfect for a year-round residence or second home, this pristine condo is in the most desirable Lakewood Ranch location and will not last long. ***Seller to buy down mortgage rate to 6% for buyers seeking financing as a primary residence, conditions apply, subject to lender approval*****
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$690,000
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 | $552,000 | $552,000 | $552,000 |
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 | $633 | $633 | $633 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,672 | $3,669 | $4,733 |
Total Monthly Payment | $4,397 | $4,394 | $5,458 |
* 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.