Welcome to your oasis at Cypress Strand, nestled within the charming Tara Preserve community. This delightful 2-bedroom, 2-bathroom home offers a unique blend of modern comfort and natural beauty.
As you step inside, you'll be greeted by a spacious dine-in kitchen, boasting gorgeous quartz countertops that add a touch of elegance to the heart of the home. The open floor plan and soaring cathedral ceilings create an inviting atmosphere, perfect for relaxing or entertaining.
One of the highlights of this home is the large screened-in lanai, where you can unwind and soak in the picturesque views of the lush greenbelt and partial lake views. With the serene backdrop of mature oak trees, you'll enjoy a sense of privacy and tranquility that's hard to find elsewhere.
Situated on a premium corner lot, this home offers ample guest parking and convenient access to the community's amenities. Whether you're lounging by the pool, playing tennis, or enjoying a leisurely stroll through the neighborhood, Cypress Strand has something for everyone.
And let's not forget about the location – with shopping, dining, and major highways just minutes away, including the UTC Mall a mere 12-minute drive, everything you need is within easy reach.
A special note for potential buyers: This property is currently tenant-occupied with a lease in place until March 1st, 2025, providing an excellent opportunity for rental income if you're looking for flexibility in your move-in date.
Don't miss out on the chance to call Cypress Strand home. Schedule a tour today and discover the best of Sarasota-Bradenton living!
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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 | $262,000 | $262,000 | $262,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $320 | $320 | $320 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,787 | $1,741 | $2,211 |
Total Monthly Payment | $2,182 | $2,136 | $2,606 |
* 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.