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Under contract-accepting backup offers. PRICE IMPROVEMENT on this Lovely turnkey condo with beach and bay access at Pelican Landing on Manasota Key,
one of the best kept secrets in Florida. Well-appointed top floor condominiums in this
community are sought after due to the loft space and high ceilings. The unit has two
bedrooms, two bathrooms, lanai, loft, and open kitchen/dining/living room with a
spacious feel due to vaulted ceilings and fresh pastel paint. Large tile flooring gives a
cool clean look throughout main area, with softer flooring in the bedrooms and loft. The
front of the unit faces west and the lanai faces east to provide ample light and sunshine.
Dining room, living room and bedrooms are furnished, with guest bedroom sleeping
three with a murphy bed and day bed. The kitchen has ample storage space, stainless
steel dishwasher and refrigerator, built in wall oven, and downdraft JennAir glass
cooktop. The kitchen and primary bath were remodeled with hardwood cabinetry and
solid surface counters, and the guest bathroom with all new features. The lanai includes
a dry bar and is the perfect place to watch the sunrise, with glass patio doors (sliders) to
the outdoors as well as to the main bedroom, plus exterior Storm Smart fabric shutters
for protection. Stay comfortable in central air and heating, with new elevated AC unit
below building and handler in the condominium. You’ll love the condo association’s
large pool, spa/hot tub, and new pool furniture as well as tables and benches with a
view of the sandy private beach, perfect for watching the sunset over the gulf. Enjoy the
tennis court/pickle ball court and the recently remodeled clubhouse where the social
committee hosts parties. Manasota Key boasts many restaurants, with golf cart service
to your door. Englewood is a boating, fishing and laid-back artist community with a
variety of businesses and service providers, plus a weekly farmers market in the historic
downtown area. The area has world class golf courses, with approximately 20 to choose
from within a 10 mile radius of Manasota Key. Pelican Landing is currently being
refurbished, with rebuilt elevators featuring emergency video communications, brand
new landscaping and irrigation already installed. Walkways are scheduled to be
resurfaced in late spring, with painting of buildings to follow. Permitting for the boat
docks to be replaced is forthcoming. The unit was occupied by the owners and never
rented - it would make a great primary home, vacation home, or vacation rental.
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:
$479,000
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 | $383,200 | $383,200 | $383,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $56 | $56 | $56 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,359 | $2,420 | $3,182 |
| Total Monthly Payment | $2,490 | $2,551 | $3,313 |
* 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.