Seller is MOTIVATED!! BRING OFFERS! Welcome to Mirror Lake Condos! This is a very nice community for all ages in the heart of Bradenton, about 15 minutes to the white sandy beaches of Anna Maria Island, 15 minutes to SRQ International Airport, and (very short) walking distance to IMG Academy, State College of Florida (SCF), and Bayshore High School. You can also enjoy wonderful restaurants and entertainment in Downtown Bradenton or Sarasota, both short drives from the condo! This unbelievably affordable condo is the lowest priced in Mirror Lake, and is well-located close to all sorts of beaches, shopping, dining, medical facilities, and more.
Mirror Lake is also almost done undergoing a complete transformation/renovation, including new stairs and chimney stacks, complete repainting of the exterior, and soon there will be all new landscaping! The owners of this unit will have paid the $5, 000 assessment, making your move into this clean 2 bed, 2 bath condo, seamless! The condo itself is a nice end/corner unit on the ground floor, with assigned parking just steps from the front door. You have full privacy as there is a large preserve out your windows/porch area. Book your showing today, this unit will not last!
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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 | $135,200 | $135,200 | $135,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $44 | $44 | $44 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $922 | $899 | $1,140 |
Total Monthly Payment | $1,041 | $1,018 | $1,259 |
* 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.