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Under Construction. What a rare opportunity to own a stunning brand new, "State of the Art" home just next to a historic landmark, the Ringling Museum, which defines Sarasota's culture. Built by Seaward Homes, this residence is in the final stage of completion but still offers enough time to add your own ideas or touches, before occupancy. Enjoy the ultimate Sarasota lifestyle in the Museum Area. Designed by Lear Studio Architecture, this home epitomizes exceptional quality and attention to details. This domicile offers 4 en-suite bedrooms, and almost 4, 000 sq ft of air-conditioned living space, including a multipurpose room that can be tailored for wellness, fitness, or a variety of additional lifestyle needs. The wide-open floor plan, generous room sizes, and large impact-rated safety glass sliding doors and windows fill the home with natural light. Terraces on the main and second floors provide ideal spaces to enjoy the outdoor lifestyle, plus a spacious rooftop terrace for great sunset views. The interior finishes include European oak wood flooring, fine cabinetry with quartz countertops, a custom floating steel-and-wood staircase, three high-efficiency mechanical systems, a top-of-the-line appliance package. Exterior features include solid concrete and masonry construction on the first floor, and premium architectural facade details with Travertine porcelain wall cladding. The resort-like pool area and custom spa are surrounded by a lush tropical landscape package. Downtown Sarasota and the Sarasota/Bradenton International Airport are just a few minutes away. Embrace the opportunity to own this unparalleled residence and experience luxury Florida living.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,960,000 | $3,960,000 | $3,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.247% | 6.183% |
| Monthly Tax Payment | $639 | $639 | $639 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,425 | $24,061 | $33,417 |
| Total Monthly Payment | $24,189 | $24,825 | $34,181 |
* 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.