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Welcome to Palm & Oak, an expertly curated turnkey rental unlike any other in Sarasota w/ direct access on 2 sides to the coveted Arlington Park. This fully renovated Coastal Pool & Spa home offers nearly 2000 sq ft of living space on a huge 1/3 acre lot w/ vast park views & direct park access from your private fenced backyard. Just minutes from Siesta Key Beach & Downtown Sarasota, this property offers an A+ location & a resort style pool & spa that rivals local hotels. Wake up every morning & watch the City of Sarasota come alive just outside your back door w/ park views as far as the eye can see. Sip your coffee from the temperature controlled sunroom or elevated pool deck & hear the sounds of nature, watch runners go by on the jogging path & owners playing fetch w/ their pups w/ the park fountain in the distance. Palm & Oak was fully renovated from top to bottom w/ vacationing guests in mind. The vibe is coastal & elegant w/ shiplap walls, white oak accents & handcrafted oak & rattan furniture. The floor plan is ideal w/ the master suite on its own wing of the house featuring an en suite designer bathroom, walk in closet, a 60" flat screen TV & sliders w/ access to the furnished sunroom & pool deck beyond. The guest wing features 2 additional bedrooms & a designer bathroom. The entryway of the home offers a mudroom w/ hanging space & an upholstered storage bench. Just off the entry area is a living room w/ swivel chairs & side table, a console table full of family board games & a round table for gathering that has equal viewing of the 75" family room tv & the front of the house onto Hyde Park Street. The living room sofa doubles as a queen pull-out sleeper & is accompanied by 2 buttery genuine leather chairs & a coffee table. The kitchen is at the heart of the house & offers SS appliances, white quartz countertops & a breakfast bar w/ 3 counter stools. The shiplap ceiling & champagne bronze accents make the kitchen feel both warm & luxurious. The kitchen looks out to the dining room & pool & park beyond. The dining room features a large oak table w/ seating for 8 & offers a dedicated workspace, coffee bar & adult bar set up for entertaining. Access to the pool can be had from the dining room sliders or you can exit to the 4-season air conditioned sunroom where you will find a sectional sofa, outdoor kitchen & additional table for games or conversation. Stepping outside onto the pool deck you'll instantly know you've made the right decision to stay at Palm & Oak. The pool is the largest you'll come across in a residential location w/ an envelope of 32 ft long and 21 wide (over 600 sq ft) which includes 2 large sun shelves, an elevated heated spa w/ waterfall feature, a 14 by 32 swim lane & a bench seat w/ bar stools. Stairs from the elevated pool deck down to the yard lead to a private gate that opens out directly onto the grounds of Arlington Park which offers a 1/2 mile jogging path, 2 dog parks, an aquatic center w/ Olympic size swimming pool, outdoor fitness center, playground, & indoor & outdoor basketball courts. The backyard features a gorgeous Laurel Oak Tree & a cluster of mature Sabal Palms which are all up-lit at night as an homage to our house name "Palm & Oak". Additional path lights & a hedge of Pitch Apple plants line the back of the elevated pool deck to prevent falling. The West side of the pool deck offers a regulation size grassy cornhole court & outdoor dining area w/ an umbrella & nearby propane grill.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,000
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 |
|
|---|---|---|---|
| Loan Amount | $9,600 | $9,600 | $9,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.508% | 5.794% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $58 | $60 | $78 |
| Total Monthly Payment | $133 | $135 | $153 |
* 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.