725 Westlake CIRCLE, Sarasota, FL, 34232 | $825,000

One or more photo(s) has been virtually staged. PROJECT COMPLETED! You will not want to miss out on this beautiful, new construction, open floor plan, 3 bedroom + Den/Office, 3 bath lakefront home located in the highly sought-after Sherwood Estates. This rarely available almost 2, 500 sq. ft home has been thoughtfully designed and laid out to keep and maintain the beautiful mature trees on this almost a third of an acre lot along with capturing lake views from almost every room in the house. Did we mention there are no CDD fees or deed restrictions so you can bring all your toys all while keeping your tax bill lower.

Features include: pavered driveway and lanai, custom plywood cabinetry, solid surface counters, vaulted ceilings, walk-in closets and pantry as well as block construction and impact windows to keep insurance costs down.

Location is everything and this home is conveniently located in a great school district and just minutes from I-75, the UTC shopping district, Downtown Sarasota, Sarasota Memorial Hospital and about 20 minutes to St. Armands Circle and Lido Beach. You will not want to miss your chance to own this brand new piece of paradise! Up to $25, 000 builder credit opportunity available with submission of an accepted offer.

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 3 full
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,490
  • Acreage: 0.32
  • Est. Taxes: $1,011
  • Lot Desc: Cleared
  • View: Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4560641
  • Days on Market: 353 days
  • Website: https://www.raveis.com
    /prop/A4560641/725westlakecircle_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/27/2024 11:53:11 PM)
Listing courtesy of CATALIST REALTY LLC   Phone: 386-871-4600

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

725 Westlake CIRCLE, Sarasota, FL, 34232

$825,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $660,000 $660,000 $660,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.500% 7.250% 7.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.995% 7.354% 7.292%
Monthly Tax Payment $84 $84 $84
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,615 $4,502 $5,978
Total Monthly Payment $4,791 $4,678 $6,154

* 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.