222 S Shade AVENUE, Sarasota, FL, 34237 | $2,400,000

Pre-Construction. To be built. New Construction. To Be Built.
Come build your custom dream home and enjoy a lifestyle unlike any other! Opportunity of a lifetime to build a custom luxury John Cannon Home in Downtown Sarasota!
This beautiful 3212-square-foot home (2464sf under air) features three bedrooms with ensuite baths, study, two-car garage, lanai, balcony, salt chlorine pool and spa. No flood zone, No HOAs!. The Grand Entry and Great Room 11’ and 14’ ceilings. Chandeliers, crown molding, wood floors, maple cabinetry doors, tankless water heater. Walk-in Kitchen Pantry. Utility Room. Master bedroom includes his/her walk-in closets, ensuite bath includes water closet, free standing tub and separate shower. Two-car garage. Full four-panel sliding doors open from the Great Room to the screened-in Lanai with Pool/Spa and covered Cabana area. 5 minutes to all our beaches, restaurants and shops, exquisite arts and cultural activities (St. Armand’s Circle, Lido and Siesta Key Beaches, Downtown, Bay Front and Marina Jacks, Ringling Museum, Sarasota Opera, Sarasota Orchestra, Sarasota Ballet, Asolo Theater). Downtown Farmers Market at Lemon and Main every Saturday morning. Legacy Bike Trail. Payne Park. Benderson Park and the University at Town Center are a mere 15-minute drive.

Features

  • Rooms: 12
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Contemporary
  • Year Built: 1952
  • Garage: 2-car
  • Heating: Electric, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 2,464
  • Acreage: 0.21
  • Est. Taxes: $692
  • Lot Desc: City Lot, Sidewalk
  • Pool: In Ground, Salt Water
  • Appliances: Built-In Oven, Dishwasher, Dryer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4582270
  • Days on Market: 176 days
  • Website: https://www.raveis.com
    /eprop/A4582270/222sshadeavenue_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 5/14/2024 1:47:09 PM)
Listing courtesy of WEICHERT REALTORS HALLMARK PROPERTIES   Phone: 941-706-2142

William Raveis Family of Services

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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

222 S Shade AVENUE, Sarasota, FL, 34237

$2,400,000

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 $1,920,000 $1,920,000 $1,920,000
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 $58 $58 $58
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,098 $12,613 $17,124
Total Monthly Payment $13,281 $12,796 $17,307

* 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.