Pre-Construction. To be built. Pre-Construction. To be built…. . Don’t miss this unique custom home presented by W. G. Singletary Construction. The open floor plan features 2163 square ft. of spectacular architect and design. Built to the current hurricane rated building codes, this 4 bedroom, 3. 5 bath home has a 2 car garage and the main living area of living room, dining room, kitchen and half bath on the first floor. The second floor features a magnificent master suite, two bedrooms, bath and laundry room. There is also a fully self-contained 500 sq. ft. in law suite located on the first floor. This area has an ensuite bedroom, closet, sitting area and full kitchen. The contractor uses the latest products and design to provide maximum soundproofing to the suite. The area can be used as part of the main house for multigenerational family living or overflow guests. It can also be used as an income producing rental with a private outside entrance and assigned parking. Quality and luxury are provided in the home with attention to detail. Luxury vinyl plank and tile flooring throughout, high ceilings, impact windows and doors, quartz countertops and much more. This amazing home is located in the heart of Sarasota surrounded by many amenities. Minutes from downtown Sarasota for fine dining, shopping, theater, and the arts district. You can also take the short drive to enjoy the award winning beauty of Siesta Key beach and the sights and sounds of the vibrant Siesta Key village. Expected completion is early 2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$884,900
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $707,920 | $707,920 | $707,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $89 | $89 | $89 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,533 | $4,592 | $6,215 |
Total Monthly Payment | $4,714 | $4,773 | $6,396 |
* 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.