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Welcome to Pelican Cove, a premier gated community. . . South Sarasota's best kept secret. Completely renovated top to bottom condo starting with newer electrical panel, hot water tank and a/c. The kitchen is complimented by Bosch appliances and a reverse osmosis filtration system. Crown molding in every room, plantation shutters, hurricane impact rated windows and doors. Condo will be sold furnished. See attached inventory list. You have stunning panoramic views of Pelican Cove's yacht basin whether you are inside the lanai or outside extended patio. This property is located in the heart of Pelican Cove. Location is key, and this property has it! Close to all 3 clubhouses and swimming pools. South Sarasota's hidden treasure! This community is on the water. Community has Bay, Intracoastal Waterway and Harbor Views. Your new condo is being sold furnished. All it needs is you. The finishing touches in the condominium are top notch…first class… pictures came out fantastic, but you really need to see this in person! Do you want convenience in location? This property is located in the heart of Pelican Cove with easy access to swimming pools, tennis and pickleball courts. The kitchen is amazing, and walls have been removed so you have an open floor plan to the dining room as well as the living room. The views just carry on out to the Harbor. Nothing to do to this condominium. It’s all ready and done for you. Phenomenal views both day and night. Pelican Cove is a 75-acre, gated, vibrant, waterfront community nestled among manicured tropical foliage truly offering something for everyone. Abundant amenities include the 86-slip boat harbor with excellent rates & a launch dock for kayaks and canoes, 6 heated swimming pools, hot-tub, 3 clubhouses, 2 lighted tennis courts, 6 new dedicated pickleball courts with a large, vibrant pickleball club, basketball court, dog walk area, walking trails and boardwalks as well as fishing gazebos, water exercise classes, exercise facility, 2 art studios and a pottery classroom. Take classes at Pelican Cove University or join one of the more than 37 clubs for photography, fiber art, bike riding, culinary arts and card clubs. Woodworking, sculpting, and evening jazz & classical music concerts round out the active lifestyle. Come and see what you have been waiting for.
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,800
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 | $463,840 | $463,840 | $463,840 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | $506 | $506 | $506 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,634 | $2,778 | $3,729 |
| Total Monthly Payment | $3,232 | $3,376 | $4,327 |
* 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.