Step into an unparalleled opportunity to own a rare 3-bedroom, 3-bathroom two-story condominium in the highly sought-after Cordova Gardens community. With only four of its kind in the neighborhood, properties like this seldom become available. Located in the heart of Arlington Park, this stunning and spacious home has been thoughtfully remodeled, boasting exceptional improvements that blend modern style with timeless charm. The prime location offers proximity to vibrant downtown Sarasota, world-famous beaches like Siesta Key and Lido, and the boutique shops and dining of St. Armand's Circle. The home’s expansive living room features vaulted ceilings and three oversized sliding doors, creating a bright, airy atmosphere perfect for relaxation or entertaining. Step outside to your private outdoor patio, ideal for savoring morning coffee, or unwind in the fully screened lanai during serene Florida evenings. The updated kitchen, a culinary delight, features elegant stone countertops and ample workspace. The thoughtful layout includes two generously sized bedrooms downstairs, with an impressively large primary suite tucked away upstairs for added privacy. Cordova Gardens is a maintenance-free community that provides convenience, with your monthly dues covering water, sewer, trash, pest control, exterior maintenance/insurance. Plus, enjoy access to the heated community pool, perfect for year-round relaxation. Whether you’re seeking an investment property or your own full-time or seasonal retreat, this home offers it all: location, lifestyle, and value. Don’t miss your chance to own a piece of Sarasota’s charm in Cordova Gardens. Schedule your private tour today and experience this rare gem for yourself!
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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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $313 | $313 | $313 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $3,044 | $3,041 | $3,755 |
* 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.