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Class A membership conveys with this condo. The membership to Tara Golf & Country Club, unlimited golf and access to all the Club's amenities. Including the private restaurant on premises. Looking for a source for rental income? This unit is perfect for that! Comes totally turn-key with all the comforts of home. Golf membership is transferable to tenant. Rentals are prime during Snowbird season! You are allow to rent by the month, or longer. Food allowance is only $720 a year requirement. . There will be a $5000 capital contribution at closing for new Buyer, not currently a member of Tara G&CC. The Master HOA fee is required for all residents of Tara- provided premium cable channels with Xfinity, and high speed Wi-Fi.
Tara just refurnished their golf course, 5 new pickleball courts are being built open summer of 2025, face-lift for Clubhouse will start fall of 2025, with expansion of outside dining, increase the gathering bar to accommodate more members.
The Terraces is one of the most popular communities in Tara. On-site pool , hot tub with restrooms faculty. Outside gas grills available to all residents of the Terraces. Pickleball court on property. Roofs were installed in 2017. The HOA fee covers water, trash, sewer, exterior building insurance, roof and building maintenance.
Location! So close to shopping, retail outlets, and 75- where one exit south has you at UTC Mall or down to Sarasota Airport. Under an hour drive north takes you to the Tampa/St Pete areas where there are professional sports teams, theaters, and even a cruise port!
Residents of Tara stay on Tara. One of the most prestige communities in the area that maintains an affordable country club lifestyle.
NO CDD fees This is one you won't want to miss- price to sale ASAP.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $158,400 | $158,400 | $158,400 |
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 | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $197 | $197 | $197 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $988 | $1,041 | $1,326 |
Total Monthly Payment | $1,260 | $1,313 | $1,598 |
* 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.