![]() |
From the moment you drive through the gate @ Pelican Cove, you will feel right at home in this serene, peaceful community. This condo has been completely redone from top to bottom, nothing overlooked down to the AC and electric panel box. Located in the BEST location in the community, this unit offers a light and bright feeling as soon as you walk through the beautiful front door. You will love the 2 balconies, one off the kitchen and the large lanai off the whole back of the unit. Covered carport at the bottom of the steps makes parking a breeze. Plenty of storage here; this condo even has an attic. Pelican Cove is one of Florida’s most extraordinary condominium communities and a highly sought-after place to live. It is a beautiful, 75-acre gated community along Little Sarasota Bay in Sarasota, Florida. The Cove has 731 homes within six informal neighborhoods. Pelican Cove has many different types of activities with lots of space for friends and family to gather. It is much more than a group of buildings or a place to live. The Cove is the proud recipient of both national and local awards for many years - the FLCAJ Florida Communities of Excellence Awards for Landscape, Environment, Energy & Water Conservation, Website Design, Trendsetter and our most coveted, Community of the Year. Some of the community features include: Harbor with boat slips and kayak storage with direct access to the Intracoastal Waterway. There are three gathering places with various amenities with six separate swimming pool and 6 pickleball/tennis courts. On the grounds, there are miles of scenic pathways, lush, and mature landscaping. It is a bird sanctuary which provides a haven to many types of flora and fauna. In addition to a very active art and music community, Pelican Cove University offers an array of classes during the peak season in the winter. Recreational Activities are year-round in this tropical paradise. More than a place to live. Come and see TODAY!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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:
$499,000
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 | $399,200 | $399,200 | $399,200 |
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 | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $207 | $207 | $207 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,523 | $2,622 | $3,342 |
Total Monthly Payment | $2,805 | $2,904 | $3,624 |
* 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.