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Welcome to your slice of paradise in the highly sought-after 55+ community of Paradise Bay Estates! This delightful 1BR/1BA home features a versatile Florida room with a small closet—perfect for accommodating overnight guests. The one-car carport provides easy access from the main street in the rear, and you'll love the two storage sheds for all your beach toys, bikes, and tools. One shed even includes a washer/dryer hookup for added convenience.
Offered completely turnkey and move-in ready, this home is designed for comfort and ease. The main bedroom currently features twin beds but could easily accommodate a king-sized bed if preferred. Plus, a brand-new split system heat/AC was installed in December 2024 after the home received a refreshing update post-hurricanes Helene & Milton.
Paradise Bay Estates is an active and vibrant community with fantastic amenities, including a heated pool and spa, pickleball courts, shuffleboard, a boat ramp, and available boat dockage (waitlist applies). There’s always something happening—from potlucks and musical shows to golf outings, community lunches, and music by the bay. Nestled along the picturesque shores of Sarasota Bay, residents enjoy stunning wildlife, charming gazebos, and breathtaking sunsets over Anna Maria Island and Longboat Key.
Don’t miss this opportunity to enjoy the Florida lifestyle in a premier waterfront community!
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:
$139,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $111,920 | $111,920 | $111,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $78 | $78 | $78 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $698 | $735 | $937 |
Total Monthly Payment | $851 | $888 | $1,090 |
* 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.