Fantastic value in sought-after Gulf Gate offers a blend of modern features and a spacious, open floor plan. Hands down BEST BUY on a $$/s. f. basis! Here are some highlights of this property:
- Centrally located, the home is just minutes away from excellent restaurants, shopping centers, and beautiful Siesta Key beach.
- Corner lot providing additional space and a sense of seclusion.
- The kitchen features granite countertops, wood cabinets, stainless steel appliances and a convenient breakfast bar.
- The home has a NEWER shingle roof installed in 2019 and a NEW flat roof replaced in 2023 ensuring durability and long lasting protection.
- Hurricane Impact Windows installed in 2016 enhance both the safety and energy efficiency of the home.
- The home was also Replumbed in 2013.
- A New impact resistant garage door was added in 2020 improving protection and aesthetics along with a super quiet door opener.
- The family room is equipped with a mini-split A/C system installed in 2018 for additional air flow and climate control.
- Spacious bedrooms with a walk in closet in the primary along with updated bathrooms each with dual sinks, granite, wood cabinets and walk-in showers.
- The living and dining area offers a spacious layout able to accommodate a large dining table and room for lounging.
- An oversized family room with abundant natural light is a comfortable setting with ample room for plenty of furniture, relaxation and a view of the lanai and backyard that enhances the overall atmosphere.
- Lanai and fenced backyard provide a private and spacious outdoor area with a safe and secure space for the kids and pets to play. Plenty of room for a pool.
- Convenient circular driveway adds parking and is great for the quick pick-up/drop-off at your front door.
Gulf Gate is consistently recognized as a desirable Sarasota neighborhood offering a broad range of amenities while you're just 7 minutes away from Siesta Key and one of the best beaches in north America. Come see for yourself! Realtors: See remarks.
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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 | $412,000 | $412,000 | $412,000 |
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 | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $331 | $331 | $331 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,811 | $2,738 | $3,533 |
Total Monthly Payment | $3,234 | $3,161 | $3,956 |
* 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.