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Welcome to this immaculate light-filled 2 bedroom, 2 bath home with a den, nestled in The Cascades at Sarasota, an active 55+ gated community that offers the perfect blend of modern updates and an unbeatable Sarasota location. Enjoy immediate peace of mind with significant investments already completed, including a brand new roof (2025) with wind mitigation inspection completed, HVAC system replacement (2023), fresh exterior repaint completed (2025), and accordion hurricane shutters for quick and seamless storm protection. For an even easier transition, most furniture is negotiable! Inside, the home boasts a completely updated kitchen (2020) and stylish flooring, featuring elegant hardwood bamboo in all bedrooms and easy-to-maintain tile, all complemented by abundant natural light. The Cascades community offers its residents amazing active adult living! Social amenities include a 25, 000 sf clubhouse with a beautiful ballroom, library, Mah Jongg/card room, poker room, billiards room, and art & crafts room. Recreational amenities include a fitness center, aerobics room, locker rooms with showers & saunas, pickleball, Har-Tru tennis, bocce and horseshoe courts and an expansive resort-style indoor-outdoor pool. There are on-premises management & maintenance personnel, Sports Director, Tennis Pro and Pro Shop. Crucially, the home’s prime location provides quick access to the best of the region: it is just a short drive to diverse and signature retail and dining at UTC (University Town Center), SRQ airport and the amazing arts and waterfront activities of Downtown Sarasota. This beautiful property is ready for its next owner!
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:
$500,000
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 |
|
|---|---|---|---|
| Loan Amount | $400,000 | $400,000 | $400,000 |
| 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% | 6.156% | 5.415% |
| Monthly Tax Payment | $438 | $438 | $438 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,303 | $2,396 | $3,189 |
| Total Monthly Payment | $2,833 | $2,926 | $3,719 |
* 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.