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Under contract-accepting backup offers. Security, Serenity, and Front-Row Waterfront Views
Step into a lifestyle of peace and privacy in Pelican Cove, an award-winning, 24-hour guard-gated community set across 75 acres of lush, botanical-like grounds. This 3-bedroom, 2-bathroom condo offers a rare "front-row seat" to the canal leading directly to the Intracoastal Waterway. While you aren't tucked away in the harbor, you have the best view in the house: watching the daily parade of boats navigate to and from the community’s 87-slip private marina.
Nature lovers will be just as captivated by the active birdlife and tropical scenery right outside the door. This residence is well-priced, offering the perfect opportunity for the next owner to renovate and create a personalized masterpiece in a premier location. Practicality is covered too, with a private carport and a dedicated storage room.
A Community Like No Other Pelican Cove is famous for its social energy. From "Pelican Cove University" seminars and live seasonal music to woodworking, art clubs, and over 30 social organizations, there is always a way to connect. Stay active with:
6 heated swimming pools,
Miles of scenic trails and boardwalks,
Tennis and pickleball courts,
A dog park, kayak launch, and fishing pier!
Prime Sarasota Location You are minutes away from the excitement of the Sarasota Square redevelopment, which is bringing Whole Foods, HomeSense, and Trader Joe's right to your doorstep. When you’re ready for the beach, the South Bridge to the world-famous white sands of Siesta Key is just a short drive away.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $235 | $235 | $235 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,358 | $1,433 | $1,907 |
| Total Monthly Payment | $1,668 | $1,743 | $2,217 |
* 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.