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This 2 bedroom, 2 bath home with a bonus room is centrally located in South Sarasota! This home features a spacious split floor plan with vaulted ceilings and an open-concept living area. The living room, dining area, and the kitchen flow seamlessly together with wood grain flooring. The kitchen features a pass-through window to the enclosed patio. The master suite is spacious and has sliding glass doors to the patio that let in plenty of natural light. It also has a large master bath connected in the corner of the room that features a walk-in shower, private toilet room, and a walk-in closet. There is a second bedroom and a versatile bonus room on the other side of the home. There is an enclosed lanai with sliding glass doors and a laundry room complete with washer and dryer. There is also a west-side carport that is partially enclosed. At the rear of the home is a private courtyard that is partially fenced. This property is located near plenty of shopping opportunities, restaurants. The Legacy Trail and the wonderful Siesta Key Beach are not far away. The water is from a well, may not be potable, and the tenant may need to provide their own drinking water. Tenants shall also be responsible for replacing water softener salt. We score every application. If an application doesn’t score high enough, the resident may be required to place the equivalent of two months’ rent in a security deposit. This home is being leased by Sarasota Management & Leasing, however it will be managed by the owner.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,225
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 | $1,780 | $1,780 | $1,780 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $11 | $11 | $15 |
| Total Monthly Payment | $86 | $86 | $90 |
* 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.