Under contract-accepting backup offers. Lovely one-story end-unit condo with 2 bedrooms/2 baths in tropical setting amid colorful palms, hibiscus and natural Florida habitat, featuring newer tile flooring throughout, new roof in 2023, A/C replaced in 2019, updated kitchen with stainless steel appliances, stone counters, shaker cabinets and a wide breakfast bar; new vanities in both bathrooms and a new toilet in the guest bath; tankless hot water tank; NO popcorn ceilings; screened lanai overlooking lush greenspace - very private! Paver driveway with two parking spaces plus guest parking across the street. Community pool, gate-entry to pet-friendly North Water Tower Park located next door with a playground, a pavilion with picnic tables, restrooms, and walking paths. Summer Wind community has 26 villa-style residence, allows pets with size/weight restriction, and is located just 10 minutes to downtown Sarasota, 12 minutes to University Town Center Mall, 3 minutes to The John and Mable Ringling Museum of Art; closest beach is on Lido Key, 15 minutes away. Room sizes are approximate. Dreaming of a home in paradise? Don't just dream a dream- buy one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$235,000
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 | $188,000 | $188,000 | $188,000 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $156 | $156 | $156 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,282 | $1,250 | $1,612 |
Total Monthly Payment | $1,513 | $1,481 | $1,843 |
* 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.