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"Sarasota's Hidden Boating Gem: Tropical Shores - Unbeatable Value!
Calling all boaters! Discover the best-kept secret in Sarasota: Tropical Shores. Nestled in the coveted "Little Sarasota Bay" area, this community offers unparalleled boating access, including a private marina, boat slips, and a convenient boat launch ramp, all exclusively for HOA members.
This charming, move-in-ready home presents an exceptional opportunity to live the Sarasota boating lifestyle at an incredible value. Featuring a brand-new architectural shingle roof and a 2014 AC system, this solid concrete block home is built to last and sits proudly in Flood Zone X (low risk). The freshly painted interior, with its serene "Swiss Coffee" walls and crisp white trim, creates a bright and inviting atmosphere. The expansive lot offers ample space for a future pool, enhancing your outdoor enjoyment.
Please note: The metal roof over the lanai requires repair. This property is being sold AS-IS. Interested buyers are requested to use an AS-IS contract for all offers.
Don't miss this rare chance to secure a prime boating location in Sarasota at a below-market price. Schedule your private showing today and experience the Tropical Shores lifestyle!"
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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:
$399,000
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 | $319,200 | $319,200 | $319,200 |
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 | $342 | $342 | $342 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,991 | $2,097 | $2,672 |
Total Monthly Payment | $2,408 | $2,514 | $3,089 |
* 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.