Under contract-accepting backup offers. Pre-Construction. To be built. Brand new, contemporary residence in Paver Park just east of Downtown Sarasota. Wow, what a great location! Close to everything that makes Sarasota such a great place to live -- two blocks to the Legacy Trail; within one mile of Payne Park, downtown and Publix Supermarket; and just one-and-a-half miles to Bayfront Park, Sarasota Memorial Hospital and Southside Village. Timeless contemporary style defined by a classic approach to luxurious simplicity. A newcomer that blends well with its neighbors, yet commands droolworthy attention. The ultra-stylish metal roof gives a unique sculptural presence, while a palette of earthy neutrals create a cozy and inviting ambiance. A grand open floor plan and high ceilings allow easy flow throughout the interior. Quality construction includes concrete block exterior, standing-seam metal roof, oak wood flooring, impact glass windows and sliding glass doors, solid-wood cabinets with dovetail joinery and soft-close doors, solid-core interior doors, solid-wood trim and screened-in covered patio. Luxury appointments include quartz countertops, kitchen island with waterfall quartz detail, Viking dual-fuel range with eight burners and two ovens, contemporary lighting, and linear fireplace with board-and-batten accent wall. The primary suite provides a serene oasis for indulging in me-time. It has a spacious bedroom, walk-in closet, office or flex space and ensuite bath. Three additional bedrooms are on the second floor, along with a share bath and laundry room. Classic, yet timeless. Thoroughly today. A home for loving your Sarasota lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,845,000
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 | $1,476,000 | $1,476,000 | $1,476,000 |
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% | 7.014% | 7.041% |
Monthly Tax Payment | $357 | $357 | $357 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,069 | $9,696 | $13,164 |
Total Monthly Payment | $10,551 | $10,178 | $13,646 |
* 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.