Located in the heart of downtown Sarasota, the residences of Burns Court Villas offer the peace and quiet of a home just steps from shops and restaurants, Sarasota’s Bayfront and the vibrant energy that living downtown offers. Gated, secure and poised in a lush tropical setting, the 23 residences overlook winding brick paths, a lovely pool and gardens. This 2-story condominium has been beautifully renovated and redesigned to create an open floor plan using high quality finishes. Step inside to find bright and spacious rooms with engineered hardwood flooring throughout, a natural gas fireplace and volume tongue and groove ceilings. This gorgeous kitchen features a Viking 6-burner range with hood, Subzero refrigerator, Miele dishwasher, quartz countertops, stone backsplash along with a bar for entertainment complete with mahogany countertops, wine cooler and 2 refrigeration drawers. Sliding glass doors from the kitchen lead to the lush, landscaped courtyard with pool & spa. Located on the second level, the primary suite is a sanctuary with a balcony overlooking the gardens, fabulous walk-in closet and en suite bathroom with dual vanities, quartz countertops, walk-in shower w/caddy inset and water closet. Also on the second level are 2 guest bedrooms featuring private Juliet balconies, laundry room and stylish guest bathroom. This is an enviable location with direct access to Oak Street where there is additional parking in addition to the 2 deeded parking spaces. A wonderful offering!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,525,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,220,000 | $1,220,000 | $1,220,000 |
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% | 7.014% | 7.041% |
Monthly Tax Payment | $1,300 | $1,300 | $1,300 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,323 | $8,015 | $10,881 |
Total Monthly Payment | $9,748 | $9,440 | $12,306 |
* 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.