One or more photo(s) has been virtually staged. Have you been looking for a home that will WOW you? Welcome to this 1. 9 acre oasis of Desoto Acres located in the center of Sarasota! Driving up to the home, you will be greeted by natural oak trees, a circular driveway and a grand step up entry that will certainly make a memorable first impression. This modern, yet classic, home features over 4, 300 square feet of living space with 4 oversized bedrooms, 3. 5 bathrooms and a bonus space on the rear of the home that can be used as a home theatre, additional living space, golf simulation room or anything that fits your desires! As you enter the home, you’ll be greeted by a a grand stairway and formal dining to your right along with your kitchen with the step down living area to the left; the access to your infinity edge pool is a breeze with 4 access points - kitchen, living, laundry room OR movie theatre room! Speaking of the pool, this is where tranquility and old Florida collide. The luscious landscaping and ancient oak trees makes reality an easy escape. Downstairs has a guest en-suite while upstairs has the oversized primary suite, two additional bedrooms and shared bath; did I mention the oversized bedrooms?
The location doesn’t get more convenient - nearly 2 acres and only minutes away from the UTC mall and town center, Sarasota Airport, downtown Sarasota, Lakewood Ranch and so much more all at your fingertips! Schedule your private showing today of this turn-key private oasis of Desoto Acres!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $449 | $449 | $449 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,302 | $8,302 | $11,327 |
Total Monthly Payment | $8,875 | $8,875 | $11,900 |
* 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.