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OWNER SAYS. . . . BRING OFFERS!!!! You’ll enjoy relaxing WATER AND GOLF COURSE VIEWS from this popular COLONADE END-UNIT, the largest of The Terrace floor plans featuring 2 bedrooms, 2 full baths, a breakfast nook and versatile DEN. VACANT and ready for immediate occupancy, the residence is a blank canvas awaiting your personal touches. Notable features include porcelain floor tiles installed on the diagonal, crown moldings, screened lanai, outside storage room for bicycles & beach chairs and HURRICANE RESISTANT WINDOWS & PATIO DOORS provide safety and peace of mind. The spacious eat-in kitchen is central to all activities and features granite countertops with breakfast bar, solid wood cabinets, stainless-steel appliances, pantry, and the convenience of a separate adjoining laundry room. The owner's suite features ensuite bath with his & her walk-in closets. The versatile den with pocketing double doors is valuable bonus space adaptable to a variety of uses including home office, media room or extra guest space if needed. The Modified Master Plan assessment has been PAID IN FULL by the current owners and with construction scheduled to be completed in the spring 2026 you’ll benefit from the new facility updates without additional cost. You’ll love the LOWER MONTHLY FEES without the otherwise mandatory golf dues. Ownership includes DEEDED SOCIAL MEMBERSHIP in the 39, 000 sq ft completely remodeled and modernized club house with restaurant and grill room, 2 state-of-the-art fitness centers with 24/7 access, Tiki Bar, 2 resort style pools with hot tub and resistance pool, 6 heated satellite pools, 8 Pickle Ball courts and tennis club with 8 Har-Tru lighted courts. * River Strand also has a progressive rental policy with transferable memberships if generating income is on your radar *. The convenience of this LOCATION cannot be overstated as it’s ideally situated just minutes from all essential amenities and top attractions, including the new Marketplace at Heritage Harbour home to Costco, Target, Miller’s Ale House, Academy Sports, Hobby Lobby, Seasons 52 restaurant and Longhorn Steak House with other stores under construction. Walmart Super Center and Home Depot are also just around the corner. With easy access to I-75 the Ellenton Outlet Mall and University Town Center are nearby as well as the many attractions of downtown Sarasota and Bradenton's performing arts, galleries, world class dining, award winning beaches, and sports venues just minutes away. LIVING IS EASY & SECURE in this ACTIVE LIFESTYLE COMMUNITY where you’ll appreciate the LOCK & LEAVE CONVENIENCE of maintenance free living!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$267,900
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 |
|
|---|---|---|---|
| Loan Amount | $214,320 | $214,320 | $214,320 |
| 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% | 6.443% | 5.668% |
| Monthly Tax Payment | $319 | $319 | $319 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,251 | $1,320 | $1,737 |
| Total Monthly Payment | $1,645 | $1,714 | $2,131 |
* 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.