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***FLEXIBLE FINANCING AVAILABLE, ENQUIRE NOW***Prime Residential Lot in Central Sarasota 7, 306 sq ft
Discover an exceptional opportunity to build your dream home on this newly created residential lot located in the heart of Sarasota. This cleared parcel sits next to a recently split property and offers the perfect blank canvas for a custom home, investment build, or future development.
The lot will require installation of a private well and septic system, as utilities are not currently in place; however, electric service is available nearby, providing convenient access when construction begins.
Situated in one of Sarasota’s most desirable and established residential areas, this homesite places you close to everything that makes the 34239 ZIP code so sought after. Enjoy quick access to Arlington Park, a favorite local spot featuring a pool, walking paths, playgrounds, tennis courts, and shaded green spaces. Everyday conveniences such as Publix, local boutiques, cafés, and dining options are just minutes away.
Families appreciate the proximity to top Sarasota schools, including Southside Elementary, Brookside Middle, and Sarasota High School (buyer to verify). Medical services and hospital facilities are also close by, with Sarasota Memorial Hospital just a short drive from your future doorstep.
Best of all, this location offers effortless access to Sarasota’s world-famous beaches. Siesta Key, Lido Key, and St. Armands Circle are all within easy reach, making weekend beach days and sunset trips part of your regular routine.
Whether you’re an investor, builder, or future homeowner, this centrally located Sarasota lot presents a rare chance to secure land in a high-demand area with no HOA restrictions and endless potential.
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:
$55,000
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 | $44,000 | $44,000 | $44,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $257 | $275 | $357 |
| Total Monthly Payment | $332 | $350 | $432 |
* 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.