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Under contract-accepting backup offers. Experience the Sarasota lifestyle in this move-in-ready pool home, ideally situated on a wide canal in the sought-after Forest Lakes South community in South Gate Ridge. With a NEW ROOF (2025) and AC (2019), this residence offers peace of mind along with scenic water views. Most of the interior has been freshly REPAINTED, creating a bright and refreshed living space.
Interior: The bright, open floor plan features vaulted ceilings, skylights, and tile flooring throughout the main living areas. The kitchen is the heart of the home, showcasing granite river-rock countertops, a large center island, stainless steel appliances, and a dedicated coffee and wine station, all open to the living and family rooms. The split-bedroom layout provides privacy, with the primary suite offering direct pool access and tranquil water views. A fourth bedroom near the entry works well as a home office or guest room.
Outdoor Living: Sliding glass doors lead to the screened lanai and pool overlooking a wide canal and lake, a relaxing setting for morning coffee or evening gatherings.
Location: Located in the heart of South Gate Ridge, just 5 miles from downtown Sarasota and 7 miles from Siesta Key Beach, with easy access to shopping, dining, and outdoor recreation. Red Bug Slough Preserve is minutes away, offering trails and natural scenery.
Key Features:
Preferred flood zone (lenders typically do not require flood insurance), no HOA or deed restrictions, central Sarasota location close to beaches, parks, and downtown.
A well-located, water-view home in a quiet, tree-lined neighborhood, ready for its next owner.
Explore the NARRATED VIDEO TOUR via the link provided.
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 | $556,000 | $556,000 | $556,000 |
| 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 | $420 | $420 | $420 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,334 | $3,469 | $4,543 |
| Total Monthly Payment | $3,846 | $3,981 | $5,055 |
* 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.