SIGNIFICANT PRICE REDUCTION!!! SOUTH GATE GEM! LAST PRICE REDUCTION! This stunning, modern mid-century is now now priced at an incredible $559k. This is a rare opportunity to own a unique and beautifully renovated home at an unbeatable price! Situated on an oversized corner lot, this property offers ample outdoor space and a prime location. The complete open floor plan creates a seemless flow throughout the home, perfect for modern living and entertaining. The completely remodeled gourmet kitchen is a culinary enthusiast's dream, featuring top of the line appliances and stylish finishes. The home is fully hurricane-proof with PGT hurricane windows and doors, ensuring peace of mind during storm season. Installed August 2023, the brand NEW ROOF provides long-lasting protection and adds significant value to the home. The newer HVAC system, replaced in 2016, ensures efficient and reliable climate control. The 2-car garage is conveniently located on Lockwood Ridge for easy access. The newly added front courtyard is perfect for entertaining and enjoying beautiful Sarasota sunsets. The stunning, restored terrazzo floors throughout the home add a touch of elegance and timeless charm. The own separate laundry room, under air and located off the garage, adds convenience and funtionality. This home is truly a must-see, combining modern amenities with mid-century charm in a highly desirable location. It is priced for immediate sale, and we encourage you to see it today. Don't miss out on this incredible opportunity to own a piece of Sarasota's best real estate. This beautiful home won't be on the market for long, so act quickly to make it yours!
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Our Executive Mortgage Banker:
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$559,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $447,920 | $447,920 | $447,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $480 | $480 | $480 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,980 | $2,977 | $3,777 |
Total Monthly Payment | $3,552 | $3,549 | $4,349 |
* 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.