Welcome to Ocean Sky! This beautifully renovated 3 bedroom, 2 bathroom property is located in the family-friendly community of Arlington Park - the heart of Sarasota. Enjoy your very own heated private pool and gather around the fire-pit for cozy evenings under the stars. Distance to Siesta Key Beach: 5. 9 miles, downtown Sarasota: 2. 9 miles, Sarasota Memorial Hospital: 1 mile, St. Armand Cir: 5. 4 miles, Southside Elementary: 1 mile. The open-concept layout combines two spacious living rooms, providing ample space for relaxation and entertainment. 2022 Roof and HVAC & ductwork, brand new pool heater, and pool resurfacing was done in 2022. The garage was converted into a primary suite in 2022, adding over 350 sqft of living space. Savvy investors: If you are looking for cash flow, this is the one; located within city limits, this property is an optimal vacation rental and comes with over $25, 000 in rollover bookings. Clematis St. has several multi million dollar new construction homes that boost the property value of this gem. The possibilities are limitless on this . 24 acre lot. Financials are available upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $563 | $563 | $563 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,349 | $4,405 | $5,963 |
Total Monthly Payment | $5,004 | $5,060 | $6,618 |
* 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.