*MOTIVATED SELLER* The property is high and dry, with NO WATER INTRUSION to the home structure after the recent storms. The ultimate boater’s paradise! Enjoy protected sailboat water on this wide canal and 5 minutes to Sarasota Bay with no bridges and direct access to the Gulf of Mexico. This “West of Trail” home was meticulously updated in 2018/2019. Energy efficient with solar power, impact rated windows and well water irrigation for the lawn. The professionally landscaped yard with lighting along with the spacious circular paver driveway, create great curb appeal. The pavers continue to the large screened front porch that welcomes you into the home. Step inside to impressive details throughout, including travertine flooring, crown molding, plantation shutters/remote-control shades, built-in features, and the convenience of central vac. The chef’s kitchen features high end stainless appliances including a dedicated pebble ice maker, striking leathered granite countertops, and rich wood cabinetry with pull outs. Adjacent to the kitchen is a large laundry/butler’s pantry, ensuring ample storage and convenience. The primary bedroom has French doors that open to the pool, his & hers walk-in closets and en-suite bath with additional storage and WC. The living room has double sliders that lead you to the screen enclosed pool area. Outdoors, escape to a true haven for relaxation and recreation. The patio beckons with a fully equipped outdoor kitchen, large paver deck and heated salt-water pool/spa with pebble-tec surface. There is a storage shed with electric and a screened garden to cultivate your own farm-to-table delights. Vinyl fencing provides privacy along with paver paths that wind through the spacious backyard. The composite dock has water, power port and offers two covered lifts 8, 000lb and 13, 000lb for the boating enthusiast. Drop your kayaks in the water and paddle amongst the visiting manatees that love this protected cove. Stroll to the nearby Tarpon Bay Grill & Tiki Bar for dining and entertainment. This home is nestled in a coveted West of Trail location and boasts a Sarasota address within Manatee County. Membership in the voluntary neighborhood association is $30 annually and allows members access to the charming historic Sara Bay Country Club for culinary privileges. Ideal central location, minutes to downtown Sarasota's vibrant cultural scene, Ringling Museum, shopping, restaurants, and a choice of gulf beaches. IMG Academy, USF, New College and Ringling College of Art are all nearby as well as the convenience of SRQ airport, only 5 minutes away. Waterfront living at its best!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,119 | $1,119 | $1,119 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,658 | $7,658 | $10,501 |
Total Monthly Payment | $8,902 | $8,902 | $11,745 |
* 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.