Once in a while a unique property comes on the market in a place you never even knew existed. SHADE ACRES, a subdivision of only 15 homes on oversized lots, with mature landscaping and grandfather oaks.
IN TOWN location, with NO DEED RESTRICTIONS and room for ALL the toys. . . trucks, golf carts, RV parking pad, boats, trailers…. . !!! Lot is absolutely gorgeous and fenced. Multiple entertaining areas inside and out! Sitting on almost an acre of land this one-of-a kind home is newly remodeled and offers 2 bedrooms, and 2 baths, Florida room, with a spacious yard.
The kitchen features quartz countertops with large island and ample cabinet space for storage. The living room and family room feature large format vinyl plank flooring, vaulted ceilings and recessed LED lighting. The master suite is complemented with a cedar lined walk-in closet and the master bath features garden tub and separate walk-in shower. The air-conditioned Florida room and Lanai is extended and provides plenty of room to entertain guests or just relax in your own spacious retreat. The home also has a detached Casita with plenty of room to use as an additional flexible space. Recent updates include 2019 Air Conditioner, 2023 new water purification, softener & RO system, 2021 Roof, 2022 Floors, lighting, interior paint, quartz counter tops, bathroom renovations and Kitchen updates. Concrete parking pads have power and lighting on site. The entire property is fully fenced with board-on-board fencing and lockable gates. Complete privacy, in the heart of Sarasota with A-Rated schools, only minutes from groceries, shopping, doctors, hospitals, restaurants, parks, the Legacy Trail, down town, and, of course the beaches! just minutes away from Siesta key !
Expand on what currently exits. Build an additional home! Bring your vision! Keep all options open!
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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 | $519,200 | $519,200 | $519,200 |
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 | $448 | $448 | $448 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,542 | $3,451 | $4,379 |
Total Monthly Payment | $4,082 | $3,991 | $4,919 |
* 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.