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One or more photo(s) has been virtually staged. Discover exceptional value in one of Sarasota’s most desirable locations. This meticulously maintained, maintenance-free home in the gated community of Riva Trace offers the perfect blend of quality, convenience, and lifestyle—all with low HOA fees and no CDD.
Built in 2013, this thoughtfully designed three-bedroom, two-bath residence showcases upscale finishes throughout. Inside, you’ll find diagonal tile flooring spanning the entirety of the home, soaring 10–12 foot ceilings, 8-foot doors, and an open, airy layout filled with natural light. The kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances including a new refrigerator, gas cooking, glass tile backsplash, under-cabinet lighting, and solid wood cabinetry with pull-outs. Enjoy a newly remodeled walk-in shower in the primary bathroom. Additional upgrades include plantation shutters, hurricane protection, double-pane windows, built-in closet systems, designer lighting, and a whole-home air purification system. Step outside to an extended lanai overlooking a peaceful, private backyard with extra side-yard space—perfect for relaxing, entertaining, or gardening. A Sunsetter canopy and fenced area add flexibility for pets or outdoor enjoyment. Located just west of I-75 along the highly sought-after University Parkway corridor, this home places you minutes from everything. Enjoy close proximity to The Mall at University Town Center, featuring over 150 shops and restaurants, as well as easy access to downtown Sarasota, parks, and the area’s renowned Gulf Coast beaches. Residents of this intimate community of just 86 homes enjoy tile roofs, paver driveways, and a beautifully maintained setting. A rare highlight is private water access—offering a community park with a fishing and observation deck, canoe launch, and storage. Combining low-maintenance living with upscale features and an unbeatable location, this home is an outstanding opportunity—ideal for downsizing, seasonal living, or simply enjoying the best of 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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$615,000
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 | $492,000 | $492,000 | $492,000 |
| 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 | $362 | $362 | $362 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,910 | $3,029 | $3,987 |
| Total Monthly Payment | $3,364 | $3,483 | $4,441 |
* 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.