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This is a fully furnished 4 bedroom, 2 bathroom home in the Magnolia Bay community in Nokomis! This home features a stone veneer accent at the entry, a paver driveway and walkway, and a covered front porch. The open-concept floor plan connects the main living spaces, which feature wood-look tile flooring, while the bedrooms are carpeted. The kitchen opens to the living and dining areas and features granite countertops, white shaker cabinets, stainless steel appliances, a gray mosaic tile backsplash, and a closet pantry. A large island provides breakfast bar seating, and an adjacent dining area makes this an eat-in kitchen. The great room sits just off the kitchen and offers sliding glass doors that open to the screened lanai. The master suite includes a walk-in closet and a private bathroom with dual sinks set in a granite-topped vanity, a walk-in shower, and a separate water closet. There are three additional bedrooms and they share a second full bathroom with a tub/shower combination. A laundry room with the washer and dryer included is located inside the home. Magnolia Bay is a Meritage Homes community offering resort-style amenities that include a clubhouse, two resort-style pools, a fitness center, pickleball, tennis and basketball courts, a playground, a dog park, and a play lawn with lawn games, along with lakeside seating areas throughout the community. The home is conveniently located near I-75, providing easy access to both downtown Venice and downtown Sarasota. It is not far from Nokomis Beach and Venice Beach, close to shopping, dining and medical facilities along the Honore Avenue corridor, and near the Legacy Trail for biking and walking. 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. Please be aware that leasing this property includes a non-optional Home Assistant Services Package that will cost an additional $39 per month. These services and their cost are separate from Tenant's monthly rent payment and all other payments described in the Lease or any separate Lease addendums. The Home Assistant Services offered are described in the Resident Welcome Packet which can be viewed on our website at Sarasota Management
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895
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 | $2,316 | $2,316 | $2,316 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $14 | $15 | $19 |
| Total Monthly Payment | $89 | $90 | $94 |
* 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.