Big price change. Where else can you find a home in Sarasota on navigable water, this close to the gulf for this price. This might be the best single story, maintenance free condominium style living in Strathmore of Sarasota. One of the few homes located right on the water, in the heart of Sarasota, just minutes to the #1 beach in the nation, Siesta Key Beach. With over 1800 square feet, this is one of the largest condominiums in Strathmore. What’s more? All new pex plumbing lines recently installed, as well as NEW drain lines, not just relined pipes. This home is being sold with a new roof being installed. New life pro flooring throughout gives that “Comfy home” feeling. The kitchen has also been upgraded and includes solid surface countertops and new appliances. Bring your boat because, besides the pool, spacious clubhouse, and other amenities, you can also park your boat at the community boat slips available and have access to the Gulf. With all the amenities you get and for being a maintenance free home, the monthly fees are very affordable, and pets are welcome. Almost perfect, right? Come take a look.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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 | $255,920 | $255,920 | $255,920 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $291 | $291 | $291 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,746 | $1,701 | $2,194 |
Total Monthly Payment | $2,112 | $2,067 | $2,560 |
* 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.