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One or more photo(s) has been virtually staged. Experience effortless coastal living in this beautifully updated 1-bedroom, 1. 5-bath condo located in the highly sought-after Pelican Cove community in Sarasota. This spacious, light-filled end unit features FRESH PAINT, NEW CARPET, NEW WATER HEATER, NEW ELECTRICAL PANEL and thoughtful updates throughout. The large bedroom offers generous closet space, and the open living area provides plenty of room to relax or entertain. The full kitchen is equipped with stainless steel appliances and a FULL SIZE HIGH-END STACKABLE WASHER AND DRYER—an ideal blend of convenience and modern comfort. Multiple private balconies overlook lush tropical foliage, creating a serene indoor-outdoor lifestyle. With the carport just steps from your door, everyday living is easy and enjoyable. Pelican Cove is a gated, waterfront community set on 75 acres of stunning natural beauty along Little Sarasota Bay. Residents enjoy access to 6 swimming pools, lighted tennis courts, a well-equipped fitness center, clubhouse, private harbor, kayak launch, and miles of walking paths surrounded by mature landscaping and water views. It’s a vibrant, amenity-rich environment perfect for year-round living or a seasonal retreat. Located in one of Sarasota’s most desirable areas, this condo offers quick access to top-rated beaches, including Siesta Key, along with an array of shopping, dining, and entertainment options. Whether you're seeking a low-maintenance home, an investment opportunity, or a peaceful coastal getaway, this move-in-ready condo provides exceptional value and an unbeatable Gulf Coast lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$290,000
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 | $232,000 | $232,000 | $232,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $242 | $242 | $242 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,317 | $1,410 | $1,880 |
| Total Monthly Payment | $1,634 | $1,727 | $2,197 |
* 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.