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Welcome to 3635 80th Dr. E, a phenomenal one-of-a-kind water-view home in The Residence at University Groves. This is the ONLY lot in the community offering a direct pond view with no homes across the street, giving you true privacy in the front and full privacy in the back. Sitting at one of the lowest price-square-foot values in the neighborhood, this home is a must-buy-before-it’s-gone opportunity.
The location is unbeatable right off University Parkway and minutes to Downtown Sarasota, Lido Beach, UTC Mall, Lakewood Ranch, SRQ Airport, Benderson Park, world-class dining, entertainment, shopping, gyms, and everything Sarasota is known for. You are in the heart of the area’s fastest-growing corridor with unmatched convenience and lifestyle value.
Inside, the home delivers a modern luxury experience with a double split floor plan, soaring high ceilings, graceful archways, abundant natural light, and hurricane-rated impact windows. The Primary Owner's Suite sits privately behind its own hall and features direct pool access. Designer upgrades include waterfall countertops, NEW gourmet-style premium appliances, floating vanities, wall-mounted toilets, zero-entry showers with handhelds, Moen fixtures, a spa-inspired primary bath with four Bluetooth-controlled showers, a walk-in closet, and floor-to-ceiling tile in all bathrooms and the laundry room. A Restoration Hardware chandelier sets the tone from the moment you enter.
The fully upgraded laundry room is exceptional, offering dual premium SMART washer/dryers, a deep sink, and a 10-gallon ice maker an elevated workspace rare at this price point. Solid concrete block construction, a metal frame, and a non-flood-zone location add long-term peace of mind.
Step outside to your private screened-in oasis featuring a sparkling pool, outdoor cooktop, sink, fridge, fresh landscaping, and new interior/exterior paint. Enjoy serene water views from the back pond that create a peaceful, private backdrop year-round. The garage includes a dedicated electrical outlet for a generator hookup or EV charging station, offering flexibility for modern living.
This is a rare chance to secure privacy, luxury, and value all in one package. Homes like this do not last especially on the most desirable lot in University Groves.
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:
$725,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $580,000 | $580,000 | $580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.371% | 6.292% | 5.628% |
| Monthly Tax Payment | $813 | $813 | $813 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,385 | $3,524 | $4,701 |
| Total Monthly Payment | $4,290 | $4,429 | $5,606 |
* 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.