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Under contract-accepting backup offers. Your private dock on Longboat Key is waiting for you! Welcome to your new home in Buttonwood Cove with expansive views of Sarasota Bay. Here you have easy access to the Intracoastal Waterway. Also, you have deeded access to the Gulf Beach just across the way. Get ready to make memories with family and friends that will last a lifetime. The main living space in this home features an open floor plan with beautiful details like crown molding, plantation shutters, a renovated kitchen with granite countertops, a breakfast bar, stainless steel appliances, a tray ceiling, and lots of cabinet storage. A spacious lanai overlooking the Bay is perfect for al fresco dining while watching the dolphins play. The view from the primary suite is direct bayfront. And, from the second bedroom and your home's entryway, you can see the gulf and enjoy the sunset every evening. This home includes deeded dock space no. 8, perfect for boating and fishing enthusiasts. Your private parking space and two storage units are nearby making your life very convenient. Impact-rated windows and doors. Residents of Buttonwood Cove can indulge in leisurely afternoons by the community pool or host gatherings in the newly remodeled clubhouse with a modern kitchen. If you love pickleball and tennis, this community offers both! Start living your best life on Longboat Key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,368 | $3,411 | $4,346 |
Total Monthly Payment | $3,804 | $3,847 | $4,782 |
* 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.