JUST RENOVATED & RELISTED at NEW LOW PRICE 10/2/24 - This west of Trail, west of Osprey home rests on the edge of Cherokee Park on a canopied street in one of the most sought-after locations in all of Sarasota—situated between the North Bridge to Siesta Key and downtown. New flooring & baseboard/trim throughout, new quartz waterfall edge countertops, marble backsplash, updated backsplash, LED recessed lighting, lights fixtures and more. Walk to Morton's Market in Southside Village, Southside Elementary, Selby Gardens, or Bayfront Park. Be perfectly close to the bay, while not in a flood zone. Rays of sunshine filter through the tree canopy and into the windows, illuminating a bright and open floor plan. The split floor plan features each bedroom with its own bath on separate sides of the home. Move right in and enjoy spending evenings grilling on the back patio amidst mature landscaping. Experience condominium-style living with this low-maintenance home and yard in the best area of Sarasota. Take a stroll down the street to watch the sunset over the water or enjoy a bike ride and explore this magical neighborhood. In the city limits of Sarasota where weekly rentals are permitted, use as a full-time or part-time residence with income to cover costs. Recent plumbing and electrical updates. AC 2019. Furniture available. Future leases available, if wanted.
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Our Executive Mortgage Banker:
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$949,000
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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $900 | $900 | $900 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,861 | $4,861 | $6,666 |
Total Monthly Payment | $5,853 | $5,853 | $7,658 |
* 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.