435 Pheasant WAY, Sarasota, FL, 34236 | $3,925,000

Under Construction. Greeted with a dramatic modern façade, two-story entry foyer, a brick paver drive, and an appealing street presence of lush colorful plantings, this brand-new gorgeous residence with 3 bedrooms, 3 full and 1 half baths is rich in amenities and is all about easy living in stylish and gracious surroundings. The generous layout affords a variety of options for the utmost in luxury throughout its 2, 833 square feet. Thoughtful planning and superior execution are ingrained in the Allegra Homes’ core philosophy of creating that very special place for families like yours to love where they live. Nearly a third of the indoor space is dedicated to the open concept of family room, kitchen and dining room for a warm and intimate connection with family and friends. With a 12-foot ceiling, the family room features a linear fireplace and entertainment wall while the dining room offers a built-in buffet with wine fridge. The ultimate chef’s kitchen is a jewel and will always be the heart of the home with features such as a huge island with casual seating for 4, Wolf and Sub-Zero appliances, an adequate walk-in pantry plus all the bells and whistles expected in a luxury home. The 400-square-foot screen enclosed lanai includes 2 covered living/dining areas, outdoor kitchen, adjacent half bath, and stunning pool with spa. An incredible bonus room opens up completely on 2 sides to create a fabulous indoor/outdoor space. The secluded owner’s suite is a haven with an amazing bath with frameless glass shower, free-standing designer-inspired tub, and enormous walk-in closet that’s nearly as large as the adjacent den/office. This dynamic residence sits proudly on a beautiful lot in one of Sarasota’s best locations and within minutes to Lido Key beaches, world-class St. Armands Circle shopping and dining, and the center of downtown’s cultural experiences. Located just off the iconic John Ringling Bridge, 24-hour gate attended Bird Key is one of the area’s most sought after waterfront communities and home to the prestigious Bird Key Yacht Club offering a marina off the IntraCoastal Waterway, dock rental privileges, a formal dining room with city skyline views, and an outdoor deck for watching the boats coming through New Pass from the Gulf. Additional items include a 3-car garage with epoxy floor, tray ceilings, crown and cove molding, impact windows and sliding glass doors, professionally designed landscaping with irrigation well, 18 SEER 3-zoned A/C, tankless natural gas water heater and so much more. Just the right amount of opulence has been included in the design elements and this sprawling open plan guarantees a comfortable lifestyle that’s uniquely yours! *Photos of this home are of a previous model; selections may vary.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Style: Custom
  • Year Built: 2024
  • Garage: 3-car Circular Driveway, Driveway, Garage Door Opener, On Street
  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 2,890
  • Acreage: 0.3
  • Est. Taxes: $4,886
  • HOA Fee: $700 Annually
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, Near Marina, Sidewalk
  • View: Garden, Pool
  • Elem. School: Southside Elementary
  • Middle School: Pine View School
  • High School: Sarasota High
  • Pool: Gunite, Heated, In Ground, Lighting, Pool Alarm, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • MLS#: A4595969
  • Days on Market: 281 days
  • Website: https://www.raveis.com
    /eprop/A4595969/435pheasantway_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 12:47:09 PM)
Listing courtesy of Greco Real Estate   Phone: 941-685-0449

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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435 Pheasant WAY, Sarasota, FL, 34236

$3,925,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $3,140,000 $3,140,000 $3,140,000
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 $407 $407 $407
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,106 $20,106 $27,569
Total Monthly Payment $20,638 $20,638 $28,101

* 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.