Under contract-accepting backup offers. **PRICE ADJUSTMENT** Welcome to your private oasis in beautiful Sarasota, Florida! This spacious 4-bedroom, 2-bathroom home sits on nearly 7 picturesque acres, offering both tranquility and versatility. Perfectly designed for comfort and entertaining, this property boasts a generous amount of living space and a host of desirable features. Step inside to discover a thoughtfully laid-out floor plan that includes a huge bonus room used currently as a billiard room which can easily serve as a fifth bedroom if needed. Two screened-in porches invite you to savor the fresh Florida air and enjoy peaceful outdoor living. The home is equipped with modern amenities including stainless steel appliances, a new water system, new well and pump, and a recently updated septic system, ensuring convenience and reliability. The AC unit is also newer, enhancing the overall comfort and efficiency of the home. The property features two cleared acres ready for your personal touch, while the remaining land remains undeveloped, offering endless possibilities for expansion or recreation. For added versatility, one of the bedrooms can easily serve as an in-law suite. The home is routinely maintained with a wood frame warranty, and the large square footage ensures ample space for all your needs. Conveniently located near hiking trails and the vibrant Lakewood Ranch area, you'll have easy access to shops, bars, and a charming mini downtown. This property combines the serenity of country living with the convenience of nearby amenities. Don’t miss this unique opportunity to own a slice of paradise in Sarasota, schedule a showing today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $215 | $215 | $215 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,593 | $3,589 | $4,554 |
Total Monthly Payment | $3,899 | $3,895 | $4,860 |
* 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.