Experience the ultimate in modern luxury living in this rare, fully solar-powered gem nestled in the heart of Sarasota's exclusive Phillippi Pines gated community! Built in 2019, this stunning 3 bedroom + office, 2. 5 bathroom, 3 car garage residence features 14' ceilings and impact windows and doors for an abundance of natural light. Porcelain tiles and sleek finishes throughout, an outdoor kitchen and screened, covered patio perfect for entertaining in your private backyard oasis with a large saltwater pool.
Enjoy the perfect blend of seclusion and convenience, with Downtown Sarasota, Siesta Beach, St. Armands Circle, shopping, dining, and entertainment options just a few miles away. Plus, explore the 18. 5 miles of scenic Legacy Trail, adjacent to the community, perfect for biking, walking, or running.
Phillippi Pines is a small, intimate community of just 16 homes, with low $1460/ year HOA fees and no CDD, offering the ultimate in privacy and tranquility. Don't miss this rare opportunity to own a piece of modern paradise in one of Sarasota's most coveted locations!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
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 | $901 | $901 | $901 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,640 | $7,358 | $9,989 |
Total Monthly Payment | $8,666 | $8,384 | $11,015 |
* 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.