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Welcome to highly sought-after Mote Ranch, where this beautifully updated lakefront home offers the perfect blend of comfort, style, and peace of mind. Looking for an investment home? This property checks all the boxes!! Rental homes are hot and this could be an outstanding ROI. Ask for details. Ideally located on the northeast side of Sarasota, this home is packed with upgrades and designed for effortless Florida living. Step inside to an open, light-filled layout featuring 3 bedrooms, 2 baths, plus a dedicated office—perfect for working from home! The fully remodeled kitchen shines with contemporary finishes, including lighted countertops, reverse osmosis water system, and modern conveniences throughout. Enjoy true indoor-outdoor living with a huge, extended, screened-in lanai overlooking tranquil lake views—your private retreat for relaxing or entertaining. Major upgrades & features include a NEWER TILE ROOF (2023) and A/C, Hurricane impact doors and windows, and a whole-house generator—so there is never a worry about power outages! There are other fabulous features, including battery-operated window treatments, a surround sound system & security cameras, a whole-house water softener, epoxy garage flooring + pull-down privacy screen, liquid siding for lasting durability & curb appeal, an updated second bathroom & laundry room, and a Sharp 80” 3D TV included in the living room! Enjoy low HOA fees and exceptional private community amenities, including a Junior Olympic pool, playground, scenic trails, fishing pier, and canoe/kayak access into the Braden River. This home is located just 5 minutes from University Town Center (UTC) shopping & dining, and minutes to I-75, Sarasota-Bradenton International Airport, and world-renowned beaches like Siesta Key! This home would make a nice private residence or an exceptional investment as a rental. Immediate occupancy upon closing!! The opportunity is here to own style, upgrades, location, and lifestyle here in the Mote Ranch community of Bradenton/Sarasota!
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:
$534,999
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 | $427,999 | $427,999 | $427,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $288 | $288 | $288 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,532 | $2,635 | $3,469 |
| Total Monthly Payment | $2,912 | $3,015 | $3,849 |
* 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.