Location Location! Very private and quiet, yet close to shopping, the Bay, Beaches, Restaurants, Library, and other
amenities. This 2 bedroom, 2 bath hide-away ground floor condo in the south Sarasota mainland community of Pelican
Cove is nestled among the trees for privacy and yet close to everything you'll need day to day. The living room, dining
room, kitchen, Florida room, and baths are all tiled for easy care. Newer air conditioner and water heater offer peace of
mind and an easy move-in. The neighborhood marina offers 85 slips (up to 40' boats) and Bay-to-Gulf access; kayak,
canoe, paddleboard storage; fishing dock, launches, and a gazebo. Within the gates of Pelican Cove are 3 recreational
spaces for many types of activities. Each clubhouse has a full or galley kitchen, a nearby pool & adjacent patio or deck,
a piano, areas for the many Clubs and Groups to gather, & WiFi. They are smoke-free & wheel-chair accessible. Each
one has its own unique features such as: ? Small, intimate spaces to meet with friends, play cards, read quietly or relax
and enjoy the bay and the sunsets; ? A large auditorium with a full stage for musical concerts, lectures, art shows or
movies; Areas for indoor exercise classes; Studio spaces for Art, photography and woodworking; fully equipped
fitness room; flexible furniture for various gatherings. There's something for everyone!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $124 | $124 | $124 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,708 | $1,728 | $2,193 |
Total Monthly Payment | $1,907 | $1,927 | $2,392 |
* 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.