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One or more photo(s) has been virtually staged. The "Rare" LAKEFRONT OPPORTUNITY you've been waiting for in Sought-After Gulf Gate East! This beautiful home is situated on a peaceful lake with lush, tropical landscaping with wonderful and friendly neighbors. Sellers have updated this home with pride and it is just beautiful! Once through the stained-glass entry, you will see the expansive, screened lanai and pool area that have a fabulous view of the lake with lots of nature! The Great Room features high ceilings with wood beams and an elegant wood-burning fireplace adorned with stunning tiles! The formal Dining Room is great for entertaining, and there is a Breakfast Nook off the Kitchen with an octagon window overlooking the pool area/lake. The Primary Bedroom offers an extra area for a nursery, sitting area or home office with access to the Lanai. There is also an attached en-suite bathroom with a walk-in shower, his & her vanities and a large walk-in-closet. The split plan also offers 2 other bedrooms that share a bathroom with a tub/shower combo. There is a convenient, inside Laundry Room with a Washer and Dryer. Sellers have done many updates, including the following: Roof 2025*Air Conditioner 2025*Newer Water Heater 2025*Interior & Exterior tastefully painted 2026*Pool resurfaced, pool tiles & Lanai/Deck 2026*Screened Front Door Entryway 2026*Metal Hurricane Proof Front Door*Hurricane retractable shutters on lanai sliding doors/windows*Updated Kitchen Cabinets & Quartz Tops, Range-Refrigerator-Dishwasher-Microwave 2025/2026*Both bathrooms updated with tile, vanities, tops, lighting & mirrors 2026*Baseboards replaced 2026*Most light fixtures 2026*Recessed Lighting in Great Room & Kitchen 2026*Designer Door handles replaced on all interior doors 2026*Fireplace Tiles 2026*Luxury Vinyl throughout most of the home 2026*Gulf Gate East is a community of excellent neighbors & has an enforced HOA with low annual dues of $299 which keep the homes looking great! This family neighborhood is lined with miles of sidewalks on both sides of the streets for biking, walking or jogging which you will see throughout the day. Gulf Gate East also offers larger lots than most & is located in quiet, South Sarasota but just minutes away from our World Famous Siesta Key Beaches & our newly extended Legacy Trail. Sunny Sarasota is a perfect city that offers A+ schools, fine restaurants & many county libraries (Gulf Gate Library is walking distance from this home), & the Gulf Gate shops/restaurants. The UTC Mall and cultural downtown are only 20 minutes away for opera, fine arts, theater, movies, fine dining & Selby Gardens! Hurry and make this one yours!
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William Raveis Real Estate
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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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $197 | $197 | $197 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,796 | $2,912 | $3,884 |
| Total Monthly Payment | $3,085 | $3,201 | $4,173 |
* 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.