Welcome to 5148 36th St W, a spacious and inviting 3-bedroom, 2-bathroom condominium in the highly sought-after Southwinds at Five Lakes Community! This exceptional home offers a perfect blend of comfort and style, featuring an open-concept living area with soaring ceilings and beautifully selected acacia wood flooring. Step through the living space and into the enclosed lanai, where abundant natural light pours in, creating a serene and relaxing atmosphere. You’ll appreciate the bonus outdoor screened lanai — an ideal space for your plants, hosting gatherings, or simply unwinding with family & friends. The kitchen boasts ample cabinetry, sleek Corian counters, and a cozy dining nook, perfect for casual meals or morning coffee. Two generously sized Primary Bedrooms, each with en-suite bathrooms and walk-in closets, comfort and privacy are a top priority. One Primary Bedroom located on the main floor, while the other is on the second floor, offering a split layout that enhances both convenience and seclusion. The second floor also features a versatile loft area that can easily be used as an additional living room, home office, or reading nook — the possibilities are endless! Expansive two-car garage includes laundry and attic access. Southwinds at Five Lakes offers an array of top-notch amenities, including 2 sparkling community pools (one heated for year-round enjoyment), pickleball, shuffleboard, tennis courts, and even RV/boat trailer parking area for a small fee (please inquire for details). Prime location just minutes from award-winning beaches, scenic parks, shopping, dining, IMG Academy, Sarasota Airport, and much more! Whether you're seeking a year-round residence or a seasonal retreat, this home offers both convenience and tranquility in one of the area’s most desirable areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $392 | $392 | $392 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,915 |
Total Monthly Payment | $2,786 | $2,727 | $3,382 |
* 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.