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This is the LOWEST PRICED 2BR/2B ground floor condo for sale in downtown Sarasota-no stairs to climb, and park outside your front door; Central Park II is a resort-style community on the banks of Hudson Bayou in downtown Sarasota; This condo has a light and bright southern exposure, close to the Bayou, pool, pickleball and fitness center; each of the bedrooms has a bathroom, and there are two screened patios; a new air conditioniing unit was installed a year ago, which is the only big expense with this condo; it is in move-in condition.
The location offers good walkability to downtown restaurants and shops, and the bay front and city yacht basin; you may launch your kayak from the dock, and go right out into Sarasota Bay; the world famous beaches and St. Armands Circle shopping are just 10 minutes away;
if you'd like to experience downtown living with lots of resort amenities please come see this first floor, corner condominium today!
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Our Executive Mortgage Banker:
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$289,000
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 | $231,200 | $231,200 | $231,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.144% | 5.415% |
| Monthly Tax Payment | $170 | $170 | $170 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,331 | $1,385 | $1,843 |
| Total Monthly Payment | $1,576 | $1,630 | $2,088 |
* 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.