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Short Sale. Welcome to this exceptional residence featuring 4 BEDROOMS PLUS A LOFT, AN OFFICE AND EXTRA ROOM, and a spectacular RESORT-STYLE SALT WATER POOL OVERLOOKING A POND. The true crown jewel of this property remains the private backyard oasis. This retreat is fully equipped with HEATED WATER for year-round enjoyment, a luxurious SPA WITH AN INFINITY EDGE and a cascading WATERFALL, and vibrant COLORED LIGHTS AT NIGHT that transform the outdoor space into an evening paradise. This home is situated in an unbeatable location. You can enjoy the sun and sand with the beautiful Gulf beaches only 30 MINUTES AWAY, while the vibrant culture, dining, and shopping of DOWNTOWN SARASOTA are a convenient 20 -MINUTE DRIVE from your front door. The immediate surrounding area offers quick access to top-rated schools, local parks, daily shopping conveniences, and major roadways for an easy daily commute. This spacious and thoughtfully designed floor plan provides incredible versatility for a home office, media room, or guest suites. The heart of the home is the GOURMET UPGRADED KITCHEN, which comes fully equipped with premium built-in ovens, a gas stove with a sleek hood vent, a BRAND NEW DISHWASHER, and a high-tech refrigerator featuring an integrated KEURIG MACHINE for your morning coffee. The outdoor kitchen has gas hookup. The home is an entertainer's dream, wired with BUILT-IN SPEAKERS OUTSIDE THE HOME and a dedicated SURROUND SOUND SYSTEM to create the perfect ambiance for any occasion. Please note that this property is a SHORT SALE, and the SELLER IS WORKING WITH A SHORT SALE COMPANY TO ENSURE A SMOOTH AND QUICK CLOSING.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,900
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 | $479,920 | $479,920 | $479,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | $675 | $675 | $675 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,874 | $3,030 | $3,985 |
| Total Monthly Payment | $3,641 | $3,797 | $4,752 |
* 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.