Under contract-accepting backup offers. Welcome to the highly desired Glen Oaks Garden Condos! An active 55+ condo community centrally located in the heart of Sarasota. Conveniently located within walking distance to the Bobby Jones Golf Course! This second story, studio unit, is located just next to the ELEVATOR and storage locker. This unit features quality finishes including all stainless steel appliances, bright granite countertops and cabinetry, and plentiful amount of natural light. There is plenty of room for storage with a generous sized walk-in closet inside the unit. New AC in 2019 and Roof installed in 2017. There is an assigned covered parking spot and the updated laundry facility is on the main floor, conveniently accessible by a quick ride down the elevator .
This is a well-maintained condo community complemented by a variety of community amenities and activities such as a large pool, shuffleboard, a fitness room and Sauna. The community ClubHouse offers a card room, billiards, library community Kitchen and outdoor grills perfect for entertaining. Highlighting the location of this community includes Bobby Jones Golf Course within walking distance. 7. 5. Miles away to Lido Beach, 4 Miles to Downtown Sarasota with desirable shopping, dining and restaurants, Sarasota Memorial Hospital and much more .
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Our Executive Mortgage Banker:
Our Insurance Division:
$105,000
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 | $84,000 | $84,000 | $84,000 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $111 | $111 | $111 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $559 | $552 | $708 |
Total Monthly Payment | $745 | $738 | $894 |
* 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.