Mid-century modern classic with addition designed by one of the rare women associated with the Sarasota School of Architecture. Behind the modest facade is over 2500 sq ft, (4 bedrooms, 3 full baths) of amazing living space. Surprises await as the home unfolds to an expansive and dramatic family room with a wood-burning fireplace, a wet bar, Conran's style-custom cabinets, and views to the ecologically-friendly natural Florida yard, creating an oasis right in the center of town. Amenities galore in The Museum District, anchored by the globally renowned Sarasota Art Museum, just a few blocks away. The Legacy Trail is practically at your doorstep, Payne Park's European ambiance, highly regarded tennis center, playground and shaded walking path are just 1 block away. All the amenities of urban living--shops, restaurants, medical facilities, schools, a grocery store 0. 2 miles away and world-renowned Selby Gardens just under a mile. Brand new metal roof updates the vernacular charm and quality construction. New kitchen appliances, high quality vintage architectural details such as lime-washed oak cabinets with Bauhaus-style handles. Great as is with vintage chic intact, or endless possibility for upgrades. Own a slice of Sarasota history, where power brokers wined and dined from the 1960s to today. This rare property will not last!
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Our Executive Mortgage Banker:
Our Insurance Division:
$689,000
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 | $551,200 | $551,200 | $551,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $271 | $271 | $271 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,760 | $3,663 | $4,648 |
Total Monthly Payment | $4,123 | $4,026 | $5,011 |
* 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.