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Blending into the natural setting of the gardens and trees within Pelican Cove in Sarasota, this lovely three-bedroom and three-bath home has been stylishly renovated and designed for relaxed Florida living. As an end unit with an abundance of windows, light streams into the condominium and sliding doors open up to a private fenced outdoor patio in the front and also to an open back patio, bringing the outside in. The downstairs interior living space of the two-story condominium was enhanced by raising the former lanai and combining it into the open living area of the family room and kitchen, adding to the seamless flow between all rooms. The impressive vaulted ceiling in the large living room adds to the exceptionally spacious, bright and breezy feel of the home. Upstairs and down, designer touches and accents are found everywhere. All three baths have been totally updated with wood vanities, granite countertops and full glass shower and bath remodeling, upgraded interior doors and hardware were installed in every room, crown molding was skillfully built around ceilings, and all doors and windows reframed with classic wood molding. On the first floor, a major renovation was completed. The kitchen was opened up to the family room and beautifully remodeled with KraftMaid quality cabinets, granite countertops, stainless appliances and undercounter lighting, while the popcorn ceilings were removed and then replaced, and recessed lighting added. The entire downstairs flooring was replaced with neutral-colored large ceramic tiles throughout at that same time, designer drapes installed and, most recently in 2023, all walls and woodwork were freshly painted and one of two air-conditioning systems replaced in 2024. The second floor is accessed by an architecturally pleasing stairway, with a landing overlooking the living room and leading to a comfortable layout of the bedrooms upstairs. The two guest rooms have large windows with Hunter Douglas blinds, ample wall closets and they share a bath. The private primary bedroom suite is conveniently separated from guests, with a walk-in closet with built-ins, the redone en-suite bath and, through a wall of sliders, a cozy balcony overlooking the backyard. The Pelican Cove community is somewhat hidden from the hubbub, but is centrally near lots of shopping, dining, beaches and all cultural events downtown Sarasota has to offer! There is something for everyone in this waterfront and pet-friendly place, aquatic sports in one of the six outdoor pools, tennis and pickleball, yoga, bird watching, exploring along the boardwalks some of its 78 acres, kayaking, taking classes at Pelican Cove University or joining one of 37 clubs offered. There is also an 86-slip boat harbor for boating enthusiasts with low-cost rates, call HOA for availability. This condominium and its community are special so call for a private showing.
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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 | $399,120 | $399,120 | $399,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $357 | $357 | $357 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,523 | $2,622 | $3,341 |
Total Monthly Payment | $2,955 | $3,054 | $3,773 |
* 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.