Location, Location, Location - Ready to build, bring your architect and builder to this wonderful lot with an additional access easement to Bay Shore Rd. Situated in popular Indian Beach, which is also referred to as the Museum Area, because it stretches "West of Trail" just North of Downtown Sarasota along the Sarasota Bayfront to South of the Ringling Museum and Ca'd'Zan. Downtown Sarasota, Sarasota-Bradenton Int'l Airport, New College of Florida, USF Sarasota Manatee Campus, Jungle Gardens, St. Armand's Circle and Lido Beach are just a short drive away. This neighborhood offers waterfront parks with beautiful views of the Bay for everyone to enjoy.
621 40th STREET, Sarasota, FL, 34234
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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