|
"The Ultimate Resilient Estate" offers rare coastal luxury, modern 2019 construction, and true peace of mind on Sarasota Bay. Why deal with the frustrations of low bridge restrictions or long, tedious idle zones of standard canal-front properties? Built to CAT 5 wind standards at a 14FT elevation, this single-level 4BR/4. 5BA custom home requires no flood insurance and had no flooding in 2024. The interior features soaring ceilings, cypress details, and a primary suite with dual baths and dual walk-in closets. Enjoy 180-degree bay views, a heated pool/spa, newer seawall, and an 8’x30’ dock with a 7, 500lb lift. Positioned in a zero-wake basin with immediate open-water access to the Gulf, the marine setup features seasonal flexibility: a 500FT direct high-tide summer route to the open bay, or a winter channel rated conservatively for a 20” draft that deepens by 1. 5FT just 1, 500FT North. Neighborhood allows weekly rentals. Optional Sara Bay CC culinary membership available
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:
$3,200,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,560,000 | $2,560,000 | $2,560,000 |
| 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 | 6.277% | 6.223% | 6.183% |
| Monthly Tax Payment | $940 | $940 | $940 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,143 | $15,555 | $21,603 |
| Total Monthly Payment | $16,208 | $16,620 | $22,668 |
* 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.