Presented bySteven Geiger |
Great value in the gated community of Mandarin Park, just west of the Trail. This is perfect condo alternative. Built in 2000, this 3-bedroom, 2 ½-bathroom pool home has undergone numerous upgrades. Modified from the original layout, it has an open floor plan in the living spaces, allowing for ample natural light. The recently updated kitchen has a large island with seating, bamboo cabinets, stone countertops, a natural gas cooktop, and a built-in Fisher Paykel dishwasher. The split bedroom floor plan features an oversized primary bedroom with tray ceiling detail and French doors leading to the pool and patio area. The primary bathroom offers his/her vanities, a glassed-in shower, and a large walk-in closet with built-ins. A large guest bedroom with French doors to the pool and patio area has an en-suite bathroom with a bathtub. The third bedroom is being used as a den and has a built-in desk and Murphy bed. The home has a separate laundry room with a window, a sink, and ample built-in storage, plus a spacious 2-car garage with epoxy flooring. Other notable upgrades include a whole house generator (2022), new tile roof (2023), central vacuum, impact windows and electric roll-down hurricane shutters on the lanai and front entry. Outside, the pool and spa area features an oversized caged pool deck and a large covered seating area, perfect for enjoying the outdoor Florida lifestyle. Conveniently located between Southside Village and Downtown Bayfront, this home offers easy access to restaurants, shops, and world-famous beaches. Don't miss out on this great opportunity to live in one of Sarasota's most desirable locations. Schedule a showing today.
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$1,350,000
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.263.5275
Steven.Geiger@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $522 | $522 | $522 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,368 | $7,095 | $9,632 |
Total Monthly Payment | $8,015 | $7,742 | $10,279 |
* 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.