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Live the waterfront lifestyle at Sarabay Cove on Sarasota Bay. This bright, open, and airy condo is filled with natural light and it’s offered fully furnished. The primary suite is generously sized and features a walk-in closet, en-suite bath, and walk-in shower. The guest bedroom includes a built-in desk and opens via sliding glass doors to the expansive 6 x 35 ft lanai with an attached storage room. Both bathrooms showcase beautiful tile and updated shower enclosures. Details include crown molding throughout and hurricane shutters on all three sets of sliders. Resort-style amenities abound: a newly updated clubhouse, heated pool, jacuzzi spa, two tennis courts, car wash area, covered parking is available for an additional fee, bicycle storage room, and elevators and there is talk of a new dog park space being added. The community comprises three buildings with picturesque canals between them and quick boat access to Sarasota Bay. Boaters will love the on-site docks with water and electric available to owners for just $2. 00/ft monthly; that's hard to beat!. The community is undergoing a comprehensive remodel which is already paid for. New exterior painting is currently underway, new lanai floors are also on the schedule.
Centrally located near Anna Maria Oyster Bar, downtown Sarasota, Lido Beach, banks, and shopping. Don’t miss this rarely available, condo in a true boater’s paradise.
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:
$190,000
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 | $152,000 | $152,000 | $152,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $65 | $65 | $65 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $910 | $960 | $1,262 |
| Total Monthly Payment | $1,050 | $1,100 | $1,402 |
* 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.