Property Features:
This recently constructed home boasts modern amenities and energy-efficient technologies. It features a brand-new pool, which includes the option for a baby safety gate. The property ensures privacy with its mature landscaping and fully fenced yard.
Neighborhood Highlights:
Located in the Indian Beach/Sapphire Shores neighborhood, west of the trail, this area is renowned for its combination of historic and contemporary homes, set amidst waterfront properties and lush tropical landscapes. It is recognized as one of Sarasota's most walkable neighborhoods, offering easy access to scenic streets, walking trails, and a range of cultural attractions, including the Asolo Repertory Theatre, The John and Mable Ringling Museum, the Ca’d’Zan, Jungle Gardens, Indian Beach Park and Sapphire Shores Park.
The property is just a 5-minute drive from Sarasota Bradenton International Airport and a 10-minute drive to Saint Armands, Lido Beach, and downtown Sarasota (Main Street). Nearby schools include Bay Haven School of Basics Plus, Ringling College of Art and Design, and New College of Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,000
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 | $4,000 | $4,000 | $4,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $27 | $27 | $34 |
Total Monthly Payment | $102 | $102 | $109 |
* 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.