|
Presented by
The Zerella | Christy Team |
25 N WASHINGTON DRIVE, Sarasota, FL, 34236 | $1,425,000
Under contract-accepting backup offers. Sarasota island living on world-renowned St. Armands Circle. Walk to five-star restaurants, chic boutiques, coffee houses and ice cream shops. Stroll to Lido Beach to rejoice in year-round blue skies, Gulf breezes and Sarasota’s spectacular sunsets. Downtown Sarasota, with its eclectic mix of shopping, dining, boating, culture and the arts, is just over the iconic Ringling Bridge aboard the free Bay Runner trolley which runs from downtown to south Lido with multiple stops in between. A distinctive St. Armands Key address is now available on this . 26-acre homesite, an exceptional 75-by-152-foot lot on which to build the coastal home of your dreams. To imagine the possibilities, Mark Sultana of DSDG Architects designed a three-story, contemporary home featuring a roof deck with bay view suitable for this lot. The plans, although perfect for this lot, can be modified for your specifications. The proposed home design and floor plans are available for your review. The price offered is for the lot only. St. Armands Key is home to a distinguished residential community surrounding the picturesque and world-renowned St. Armands Circle. The Circle provides year-round amenities including fine and casual dining, shopping, banking, salons, spas, art galleries and a variety of professional services. In addition, the City of Sarasota, St. Armands Residents Association and St. Armands Circle merchants sponsor seasonal events and art fairs culminating in the lighting of the 60-foot tall Christmas tree during the Holiday Night of Lights. St. Armands, Downtown Sarasota, Lido Beach– welcome to an enchanted coastal lifestyle sure to please family, friends, and especially you!
Features
- Lot Size: 75 x 152 x 75 x 152
- Lot Desc: City Lot, Level, Near Marina, Near Public Transit, Sidewalk
- Elem. School: Southside Elementary
- Middle School: Booker Middle
- High School: Booker High
- MLS#: A4664088
- Days on Market: 132 days
- Website: https://www.raveis.com
/prop/A4664088/25nwashingtondrive_sarasota_fl?source=qrflyer
William Raveis Family of Services
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.
The Zerella | Christy TeamSales Associates
203.209.3615
ZerellaChristy@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12303
203.913.1633
Jorge.Rivera@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
Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@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
25 N WASHINGTON DRIVE, Sarasota, FL, 34236
$1,425,000
The Zerella | Christy Team
Sales Associates
William Raveis Real Estate
Phone: 203.209.3615
ZerellaChristy@raveis.com
Jorge L Rivera
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,140,000 | $1,140,000 | $1,140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,473 | $6,744 | $9,467 |
| Total Monthly Payment | $6,598 | $6,869 | $9,592 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388