Under contract-accepting backup offers. Southpointe Shores is a premier West of the Trail waterfront community where homes rarely come available. As a dedicated bird sanctuary you will see and hear nature abound. The owners have seen large birds hunting daily in the canal along with dolphin and manatee sightings as well. If you chose to fish off the dock you will almost certainly catch a fish. The home is fully updated and move in ready with an ideal layout. Roof was replaced in Nov 2021, new pool equipment and A/C in fall of 2021, an oversized paver driveway that can accommodate plenty of vehicles was completed in Mar 2022. You will love looking out the sliding doors at the Composite Dock along with a double floating dock (making Kayaking and Jet skiing easy) and 10, 000 pound boat lift that was completed in July 2022. You will enjoy cooking in the large updated kitchen with so many windows to let the outside in and afterwards sit by the fireplace. The outdoor pool is extremely private and makes for a fun dip day or night. This home provides the best of both worlds-you are centrally located with close proximity to shops, restaurants and Siesta Key Beaches, but the neighborhood is quiet and tranquil. The canal is very wide and deep water in all tide conditions and the home is located only 4 homes away from the intercoastal and surrounded by multi-million dollar homes. This is the best value for a fully-updated and move-in ready waterfront home in Sarasota!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
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 | $1,279,200 | $1,279,200 | $1,279,200 |
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 | $934 | $934 | $934 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,726 | $8,403 | $11,409 |
Total Monthly Payment | $9,785 | $9,462 | $12,468 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.