Pre-Construction. To be built. Saltwater canal - enjoy the best of Siesta Key living in this upcoming new build just a few minutes’ walk from
world renowned beaches and steps away from Siesta Key village. All that Sarasota Bay
has to offer including several “boat up” fine dining options. Approximately 2. 2 miles and a 20-minute boat ride
from your boat dock to the Bay. Designed by award-winning Wolfe-Rizor interiors this
4, 030 square foot home has everything. This 5 bedroom, 5. 5 bath home includes an
elevator, Chef designed kitchen and an outdoor kitchen, open floor plan and modern
finishes. Stone floors and counters, smooth finish drywall, home automation and a well-
appointed pool and hot tub are just a few of the quality features. Reflective ceiling
details that pull accents from the designer cabinetry package, tie the contemporary and
coastal design together. This is a rare location allowing you to park your car and forget
about it as you boat to The Bay, walk to the beaches or stroll to nearby restaurants and
shopping. Boat from the dock - seller including an allowance for a boat lift/dock modification to make a little larger. Welcome to paradise, come and enjoy the Florida lifestyle that you have always dreamed of in sunny Sarasota on Siesta Key. Not far from The Sarasota/Bradenton Intl. Airport, fine dining, shopping, St. Armands Circle, theaters and Sarasota Memorial Hospital. This custom home is going to be absolutely spectacular once completed. Floor plan/site plans available. See attachments.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,900,000
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 | $3,120,000 | $3,120,000 | $3,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.014% | 6.956% |
Monthly Tax Payment | $603 | $603 | $603 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,020 | $20,496 | $27,609 |
Total Monthly Payment | $21,748 | $21,224 | $28,337 |
* 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.