Rare opportunity to build a luxury custom estate on a 1-acre homesite in a highly desirable, non-deed-restricted location with no HOA. Offering exceptional flexibility, the property features approved potential to be subdivided into up to four parcels, allowing for the creation of one, two, three, or four custom luxury residences, ideal for a private estate, multi-generational living, or investment development. Ideally located directly across from the future Phillippi Creek Park, residents will enjoy effortless access to launch kayaks, paddleboards, and other watercraft into the creek, embracing a refined outdoor lifestyle without the maintenance or restrictions of traditional waterfront properties.
Subdivision:
PHILLIPPI CREST
Lot Size:
189 x 246 x 188 x 246
Utilities
Electricity Available, Phone Available, Public, Sewer Available, Utility Pole, Water Available
Lot Description:
Buildable, Cleared, In County, Level, Near Public Transit, Oversized Lot, Private, Room For Pool
View Description:
Garden, Park/Greenbelt
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High
2424 ASHTON ROAD, Sarasota, FL, 34231
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
