Welcome to the perfect canvas to create your dream home with this unique property, ideally situated in a small, private enclave of homes in south Sarasota. This residence, brimming with potential, features a solid foundation and an excellent opportunity to bring your vision. This space can be transformed into a modern oasis with customization and updating to match your personal style. While the interior offers a blank slate, enjoy peace of mind with a roof installed in 2019, a new HVAC system in 2018 and re-pipe in 2011. Stepping inside this 3 bedroom (split plan) home, the spacious living area, adorned with a brick, wood burning fireplace, fully opens with pocketed sliders to the large enclosed lanai; a separate dining area located next to the kitchen offers a multitude of options to recreate the space. The large owner’s suite has loads of closet space and a single sliding glass door opening to the lanai. The ensuite bath includes a private shower area with a linen closet and one of a kind laundry pass through to the interior laundry room, which contains another storage closet, drop down ironing board and full-size washer and dryer . Throughout the home, pocket doors provide optional privacy, allowing you to easily separate or connect various rooms as needed. This design feature not only maximizes space but also offers flexibility as to how you use and enjoy each area of your home. Completing the home, an expanded two car garage provides sufficient space for two vehicles, as well as additional room for a workbench, toys and storage for those extra household items. The exterior of the property boasts a Florida Friendly landscaping which has been carefully and lovingly created and cared for, attracting a variety of birds and butterflies. Further enhancing the curb appeal, the lush, low-maintenance greenery creates an attractive Old Florida feel. Westlake Estates is conveniently located in close proximity to shopping, dining, entertainment, world famous beaches and I75. Abutting the community is Red Bug Slough Preserve, a 72 acre natural Florida environmental park with several miles of hiking trails, a small playground, picnic shelters and a fishing dock. Schedule a viewing today and imagine the possibilities of creating your dream home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
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 | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $171 | $171 | $171 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,017 | $2,017 | $2,624 |
Total Monthly Payment | $2,263 | $2,263 | $2,870 |
* 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.