Everything & More! Urban living in the City! This exquisite Spanish Mediterranean-style residence in Desoto Acres is the PERFECT LOCATION! Centrally located off university blvd, 4 miles to downtown Sarasota & Lido Beach! This estate sits on just over 2 ACRES IN THE CITY! A perfect place for car enthusiast, RV’s, boats AND horses! With this house the possibilities are ENDLESS. A huge yard for the kids to play in or to host parties by the private pool! With this much space; grow a garden, build a chicken coop or even a mother-in-law house! The 3-bedroom, 2-bathroom home is surrounded by beautiful green space, a 3 stall barn, sheds, dog run & a sparkling pool. The Saltillo tile floors, wood beams, and floor-to ceiling windows create a warm ambiance, filling natural light throughout the interior. The most charming kitchen, situated at the center of the home, features stainless steel appliances, lofty ceilings & an eating area. The living room showcases a cozy wood burning fireplace, offering the perfect place to snuggle up. Open the custom barn doors to reveal the primary bedroom & bath with double sinks, a walk-in shower, a luxurious soaking tub, and a generously-sized walk-in closet. Step outside to meet the endless possibilities with no mandatory association fee’s or CDD’s! This is more than a residence; it's an invitation to embrace a lifestyle where the city meets spacious serenity. Don't miss the chance to make this exquisite Desoto Acres property your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $707 | $707 | $707 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,067 | $6,806 | $9,240 |
Total Monthly Payment | $7,899 | $7,638 | $10,072 |
* 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.