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PRICE ADJUSTMENT + ADDITIONAL BUYER CREDIT OFFERED:
Welcome to this beautifully maintained stand-alone villa in the highly desirable Strathmore Riverside Villas, an active 55+ waterfront community offering an exceptional Florida lifestyle. Seller is offering a $3, 000 credit toward buyer closing costs with an acceptable offer.
Ideal for boating enthusiasts, residents enjoy access to a private marina with boat docks available on a first-come, first-served basis, along with direct access to the Intracoastal Waterway and the Gulf of Mexico (annual dock fee: $1, 344).
This light-filled residence features 2 spacious bedrooms, each with walk-in closets and en-suite baths. The thoughtfully designed split layout provides added privacy, with the guest suite situated at the rear of the home. An open-concept floor plan creates a seamless flow between living spaces, complemented by a dedicated dining area and serene greenbelt views.
Additional features include an indoor laundry room, attic storage, and inviting outdoor space perfect for relaxing or entertaining.
Residents enjoy a vibrant, amenity-rich lifestyle with a heated waterfront pool, clubhouse with social activities, fitness center, library, saunas, billiards, and more. This pet-friendly community allows up to two small pets.
Conveniently located just minutes from Sarasota’s renowned beaches, shopping, dining, cultural attractions, and golf courses, this villa offers the perfect blend of comfort, convenience, and coastal living. HOA dues are $725/month and include water, sewer, trash, and basic cable. Don’t miss this opportunity—schedule your private showing today
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Our Executive Mortgage Banker:
Our Insurance Division:
$243,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $194,400 | $194,400 | $194,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.419% | 5.668% |
| Monthly Tax Payment | $240 | $240 | $240 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,134 | $1,197 | $1,576 |
| Total Monthly Payment | $1,449 | $1,512 | $1,891 |
* 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.