ANNUAL UNFURNISHED RENTAL: Waterfront living at its finest! The Spanish-Mediterranean influences on design and architecture throughout this Green Certified home create an inspiring and relaxed lifestyle against the serene backdrop of Sarasota Bay views. Located in Legends Bay, you will appreciate the proximity to IMG Academy, an observation pier and golf course within a short golf cart ride, as well as close distance to beaches, downtown city areas, airport and attractions. This home provides an esteemed indoor-outdoor lifestyle for the active family. Nearly 6, 000 square feet of open living space is accentuated with stone wall features, wood ceilings and solid beams, arched doorways and a wealth of glass that allows natural light. The foyer welcomes you inside to grand interiors that unfold as you transition through the residence. Intimate yet spacious, the living room, featuring a 30’ high ceiling, is open to the gourmet kitchen including Sub-Zero French door refrigerator stunning granite countertops that float up the backsplash behind the gas Wolf stove, stone and dual dishwashers, coffee bar, and ample island with bar seating. Three sets of glass double doors showcase a paradise setting on the lanai featuring an outdoor kitchen, outdoor living room with fireplace, and an open-air, fenced pool deck where you can roast marshmallows at the fire pit or relax in the spa. Friends and family will relish making memories in the game room, media room, and private guest wing. Everyone has a personal domain with five gracious guest bedrooms while you find solitude in the romantic owner’s suite featuring a private screened balcony with fireplace, sitting room, walk-in customized closet and en-suite bath with freestanding tub and walk-in shower. Dual laundry rooms, smart-home automation, whole-home generator, water softener system, and an incredible 10-car garage with a Tesla charging station continue the list of significant amenities and features. Juxtaposed to the living room and kitchen for elated events, the 4, 000-plus bottle wine room is home to your prized vineyard collection. Smoking is not permitted. Requires background check, 1st, last and Security. Available immediately. Home is also listed for sale.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $11,200 | $11,200 | $11,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $68 | $68 | $89 |
Total Monthly Payment | $143 | $143 | $164 |
* 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.