Located in the family-friendly, highly desirable Southgate neighborhood, just minutes from Sarasota Memorial Hospital, Downtown, Siesta Key Beach, Lido Key Beach, St. Armonds Circle, Marie Selby Botanical Gardens, Southgate Elementary, The Legacy Trail!, and all that’s wonderful about Sarasota.
This beautiful gem in the heart of Sarasota boasts a gorgeous brand new 10 PERSON LUXURY SPA, HEATED salt water pool, and fully enclosed back yard with no rear neighbors. Picture yourself relaxing in the spa and then enjoying the outdoor enclosed fire pit in the Florida room. Ahhhh paradise.
NO DAMAGE FROM HURRICAINES! Move in worry -free knowing that this house had zero water damage or flooding even after major hurricanes (Milton and Helene)! Major updates include a new pool/spa (2023), new luxury vinyl flooring (2021), new roof i(2017), upgraded electrical (2017), new water heater (2018), new A/C (2017). No HOA
This property is an optimal vacation rental and can be offered turnkey and fully furnished. Investors, this home is located within the Sarasota city limits and zoned for short term rentals. The 4-bedroom home also boasts custom textured ceilings and beautiful granite countertops throughout. Front yard features a 6-car driveway, lush landscaping, and a stunning Banyan tree. Converted garage with its own private bath and entrance can also be rented separately as an Airbnb, or is perfect for guests or extended family. Sunnyside Pl. has several multi-million dollar new construction homes that boost the property value as well. NO REQUIREMENTS FOR FLOOD INSURANCE!
Don’t miss out—schedule your showing today and see why Southgate is so sought after!
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:
$698,000
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 | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $479 | $479 | $479 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,668 | $3,711 | $4,709 |
Total Monthly Payment | $4,239 | $4,282 | $5,280 |
* 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.