Located west of the trail, this historic property offers unique private living on a large gated lot at the end of a cul-de-sac which overlooks Hudson Bay. The “Ringling House” is a 4B/3B turnkey furnished estate home with a heated pool and spa in a park like private setting on a nearly double sized lot. It is located between Southside Village and Burns Court and just a short walk to downtown Sarasota, Selby Gardens, and all that Sarasota has to offer. Nearby Lido and Siesta Keys with their beautiful beaches are just a short drive away! The unique character of this home was inspired and built by Leon Pickett, the chief Engineer for the Ringling Brothers in 1923. Since then it has been tastefully preserved and updated, offering the original high ceilings and a large eat-in kitchen with stainless appliances, granite countertops, and a laundry room conveniently located off the kitchen. The dining area has the original built ins and glass cabinets surrounding a dining table for ten.
The living room is tastefully decorated with a tropical flair and large windows that bring the outdoors in with its lush surroundings. It has Mexican tile flooring and high painted wood beamed ceiling and built in bookshelves. There is a king sized bedroom on the main floor with a private bath and French doors out to a courtyard. The upstairs offers three additional bedrooms. One is an additional suite featuring a king sized bed, private bath and walk in closets. There are two queen sized rooms, all with huge windows and high ceilings with wood floors. The bathrooms have all been updated with modern tiled showers. An adjacent 22 X 20 cabana/garage on the property offers additional space converted into a billiards/recreation room. All of this is yours and ready to move into and/or keep as an year-around income producing property while you come and go!
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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 | $1,199,200 | $1,199,200 | $1,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $1,199 | $1,199 | $1,199 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,978 | $7,778 | $10,529 |
Total Monthly Payment | $9,302 | $9,102 | $11,853 |
* 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.