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INCREDIBLE DEAL on this SPACIOUS 2 BEDROOM / 2 BATH CONDO with 1, 289 SQFT LIVING AREA and private NATURE PRESERVE VIEWS with NEW ROOF (coming 9/25) located in highly sought-after Serenade community of Palmer Ranch. Currently priced at the SAME COST of 1 BEDROOM units in Serenade, this 2 BEDROOM condo offers a blank canvas that is ready for your personal updates and improvements and gives you the budget flexibility to make it happen. Step outside to your spacious lanai and enjoy peaceful NATURE PRESERVE views. Serenade is currently undergoing structural enhancements, and the SELLER WILL COVER ASSESSMENTS AT CLOSING so buyer can move in with confidence and peace of mind. This exceptional community offers an abundance of amenities, including two heated swimming pools, a hot tub, tennis and basketball courts, a fitness center, clubhouse, outdoor grilling areas, and a designated car washing station. Plus, you are just a short walk to Publix and a stone's throw from the scenic Legacy Trail. Also close to Siesta Key Beach, Downtown Sarasota, Historic Venice Mainstreet, and A rated schools. Experience the lifestyle you have always dreamed of - this is your chance to make it a reality! THIS CONDO IS AN ABSOLUTE MUST SEE!
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $253 | $253 | $253 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $980 | $1,046 | $1,322 |
Total Monthly Payment | $1,308 | $1,374 | $1,650 |
* 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.