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Under Construction. The Regatta offers 1, 978 square feet with three bedrooms, two bathrooms, a den, and a two-car garage with a five-foot extension. The home features a Coastal Elevation A, tray ceilings in the foyer, great room, and owner’s suite, and upgraded cabinets in the kitchen and bathrooms. Quartz countertops are upgraded in the kitchen and bathrooms, and the kitchen sink is upgraded. Additional features include below kitchen cabinet LED lighting, upgraded plank tile throughout, and wall tile installed to the ceiling in all showers. The home includes upgraded bathroom cabinets, upgraded Moen plumbing fixtures, impact windows, and additional lighting. The great room opens to a large lanai with a summer kitchen rough-in including gas, plumbing, and electrical connections. Residents have access to two amenity centers, including The Summit at Shellstone with a social hall, fitness center, pool and spa, firepit, poolside cabanas, poolside BBQ grills, and a fitness lawn. Midway Park offers a pro shop, screened pavilion, play areas, dog parks, a basketball court, eight pickleball courts, six tennis courts, a kayak launch, outdoor fitness, shaded picnic areas, and community walking and biking trails. The community is convenient to Downtown Waterside Place, Gulf Coast beaches, shopping, several hospitals, the Sarasota School System, Sarasota International Airport, and Tampa International Airport.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$689,900
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 | $551,920 | $551,920 | $551,920 |
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 | $286 | $286 | $286 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,489 | $3,626 | $4,620 |
Total Monthly Payment | $3,867 | $4,004 | $4,998 |
* 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.