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Welcome to this charming home in the rarely available and highly sought-after South Gate community of Sarasota, Florida! This spacious 3-bedroom, 2-bathroom home boasts over 1, 400 square feet of living space, offering plenty of room for comfortable living. Situated on a large fenced-in lot, the oversized backyard is perfect for year-round entertaining, providing both privacy and ample space for outdoor activities. Underground utilities were also recently installed by Florida Power and Light (no more overhead power lines).
Inside, you’ll find tile flooring throughout the main living areas, adding both style and durability. The open floor plan is flooded with natural light, creating a bright and welcoming atmosphere. The dining and living spaces flow seamlessly, making it ideal for family gatherings or hosting friends. The third bedroom is open to the living room and is currently used as an office, but it has a closet, and can easily convert back to a full bedroom
This well-maintained home features new kitchen appliances, brand-new impact-resistant windows, a ring doorbell system, and a newly updated electrical panel, providing peace of mind and modern touches. Additionally, it features a one-car garage for added convenience and storage.
Location, location, location! Situated in a top-rated school district, this home is ideally located just minutes away from Sarasota's best shopping, dining, and #1-rated Siesta Key Beach. With its prime location, spacious lot, and modern updates, this home is a rare find in South Gate. Priced to Sell!! **South Gate also has a Community Pool and Reception Area available to residents for a small voluntary annual fee**. Don't miss your chance to own a piece of paradise, schedule your showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$409,999
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 | $327,999 | $327,999 | $327,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,127 | $2,155 | $2,746 |
Total Monthly Payment | $2,359 | $2,387 | $2,978 |
* 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.