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ASSUMABLE LOAN POTENTIAL! PLAY PICKLEBALL AT Bayshore Gardens, PRIVATE BOAT RAMP WITH BOAT SLIPS AND INTERCOASTAL WATER ACCESS! The home comes with a spacious fenced backyard, a lanai in the back, a paver patio, a 1 car carport, and ROOM FOR RV OR BOAT. This home has all the necessary features including a kitchen with shaker-style cabinets, two bedrooms, 1 bathroom, a laundry room, tile and laminate flooring, and a shed for storage in the backyard. ROOF AND AC in 2020. RENOVATED BATHROOM 2023, ABOVE GROUND POOL in the FENCED BACK YARD. FLOOD ZONE X with no flood insurance required. NO DEED RESTRICTIONS. Located in Bayshore Gardens community with multiple amenities available. RVs, BOATs, MOTORCYCLEs, PETs OK. The amenities include a RECREATION HALL, MARINA WITH BOAT RAMP AND BOAT SLIPS (check for availability), FISHING PIER, PICKLE BALL, BASKETBALL, BALL FIELD, and a SCREENED PORCH for parties. Other amenities include POOL, KAYAK STORAGE, PLAYGROUND, PICNIC AREA and a spacious deck overlooking Sarasota Bay. This all for a modest annual fee of $407, billed with property taxes. For all fees, rules and regulations refer to the Bayshore Gardens Community website. This home is IDEALLY LOCATED close to multiple shopping and dining choices, IMG Academy and IMG Academy Golf Club, Bayshore Elementary, and State College of Florida. Some of the best beaches on Florida's Gulf Coast are just minutes away! Easy commute to downtown Sarasota via US 41.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,000
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 | $223,200 | $223,200 | $223,200 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $266 | $266 | $266 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,411 | $1,466 | $1,868 |
Total Monthly Payment | $1,752 | $1,807 | $2,209 |
* 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.