7256 Monarda DRIVE, Sarasota, FL, 34238 | $850,000

Under contract-accepting backup offers. Welcome to your dream home in the highly desirable Arbor Lakes community! This beautifully designed residence offers a perfect blend of luxury, comfort, and convenience, with an array of high-end features and an expansive layout perfect for modern living. This home boasts 4 generous bedrooms and 3. 5 bathrooms, providing ample space for family and guests. The open floor plan features a high-ceiling living room, creating a grand and inviting atmosphere that is perfect for entertaining. The primary bedroom is conveniently located on the main floor and includes two spacious walk-in closets, offering plenty of storage space. The en-suite bathroom features dual vanities, a soaking tub, and a separate shower, creating a spa-like retreat. A versatile den can be used as a home office, study, or playroom, while an upstairs loft provides additional living space for relaxation or recreation, perfect for a family room or media center. The kitchen is designed for the culinary enthusiast, with stainless steel appliances, quartz countertops, ample counter space, and a large island. The open layout seamlessly connects the kitchen to the living and dining areas, making it ideal for entertaining. Enjoy the Florida lifestyle with a large lanai, beautiful pool, and relaxing spa. The outdoor living area is perfect for dining, entertaining, or simply unwinding in your private backyard sanctuary. A dedicated laundry room adds convenience, and the home’s thoughtful design ensures every need is met. Arbor Lakes is a vibrant community offering excellent amenities, including parks, playgrounds, and recreational facilities. The community is conveniently located near top-rated schools, shopping, dining, and entertainment options, making it ideal for families looking for a friendly and active neighborhood. Don’t miss the opportunity to own this exceptional home in Arbor Lakes. Schedule your showing today and experience the best in luxury living!

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Craftsman, Florida
  • Year Built: 2015
  • Garage: 2-car
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 2,676
  • Acreage: 0.19
  • Est. Taxes: $5,509
  • HOA Fee: $523 Quarterly
  • Lot Desc: Landscaped, Level, Near Golf Course, Near Public Transit, Private, Sidewalk, Street Dead-End
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pool: Auto Cleaner, Child Safety Fence, Chlorine Free, Gunite, Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK
  • Appliances: Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Filtration System, Whole House R.O. System
  • MLS#: A4618656
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /prop/A4618656/7256monardadrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/27/2024 4:37:38 AM)
Listing courtesy of KELLER WILLIAMS CLASSIC GROUP   Phone: 941-900-4151

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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7256 Monarda DRIVE, Sarasota, FL, 34238

$850,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.348% 6.182%
Monthly Tax Payment $459 $459 $459
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,132 $4,187 $5,738
Total Monthly Payment $4,683 $4,738 $6,289

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.