Under Construction. The estimated completion date is February 2025. Flood zone X in one of Sarasota County's highest elevations at 40+/- feet. Hurricane impact windows and sliders. REPRESENTATIVE PHOTOS ADDED. The Waters Edge Luxury Edition presents a 3-bedroom, 2. 5-bath residence featuring an expansive open floor plan within Gracewater at Sarasota, an upscale, newly developed, gated lifestyle community situated west of I-75. Conveniently located just 3 miles from downtown, this community offers proximity to pristine beaches, Sarasota's finest restaurants, and easy access to various destinations. Experience luxury and excellence with our inclusive features, including lofty 10-foot ceilings, quartz countertops, impact windows, 8-foot interior doors, 8-foot impact garage doors, natural gas appliances, and a tankless hot water heater. Picture driving through our welcoming front gates, bordered by palm-lined roads, passing serene lake fountains, and arriving at your new abode via a paver driveway. Once home, indulge in the Pura Vida Club, featuring a state-of-the-art fitness facility, a resort-style zero-entry pool with cabanas, pickleball courts, and a range of specially curated activities by our dedicated full-time lifestyle manager. Immerse yourself in the heart of this high-end community, where an active lifestyle seamlessly blends with luxury
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$804,995
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 | $643,996 | $643,996 | $643,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,285 | $4,280 | $5,522 |
Total Monthly Payment | $4,377 | $4,372 | $5,614 |
* 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.