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***PRICE IMPROVEMENT OF THIS GORGEOUS HOME WITH NEW ROOF*** Only minutes away to beautiful downtown Sarasota, St. Armand's Circle, and the #1 Beach in the US, Siesta Key. Walking distance to A Rated Schools; Riverview High and Phillippi Shores Elementary! This meticulously updated 4/2 home offers a great floor plan that has 2 main living areas & a beautiful wood-burning brick fireplace! Step into the open-concept Kitchen with a large island, top-of-the-line appliances, custom cabinets, and quartz countertops! Newer Flooring throughout. The Master bedroom has a separate extended living area that could be used for an office/den. /large closet or indoor gym. The great room boasts lots of natural light, luxury vinyl flooring, and glass doors leading to a fully fenced backyard oasis with beautiful landscaping and a paved fire pit & deck for cooler nights. This Property boasts a bonus separate ADU DETACHED INDOOR SUITE OR OFFICE THAT HAS BEEN FULLY REMODELED WITH FLOORS, LED LIGHTS & PAINT. This updated air-conditioned suite currently has 4 beds and is not plumbed. This ADU / Suite is Fenced and has its own parking and entrance. This home has been used exclusively as a highly in-demand profitable vacation rental for the last 5 years. Other features include an irrigation well, a circular driveway, and a storage shed on a concrete pad. Located so close to everything you LOVE about Sarasota! Siesta Key, 1 mile to Phillipi Boat Marina, Legacy Trail. less than 5 minutes to downtown Sarasota and all the Arts, Nightlife, and Culture. Nearby amenities include: Trader Joe's, Starbucks, The Landings Shopping Plaza, Cine Bistro, EOS Gym, and Fine Restaurants. ***A-RATED SCHOOLS*** Don’t get caught up in season traffic woes when you can bike ride to the beach! Make plans to see this property today! All Furnishings are available!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,995
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 | $519,996 | $519,996 | $519,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $150 | $150 | $150 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,373 | $3,416 | $4,353 |
Total Monthly Payment | $3,615 | $3,658 | $4,595 |
* 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.