Presented byDeb Rizza |
Under contract-accepting backup offers. This stunning contemporary home with Guest House combines convenient secure living in a home built to the latest codes with living in the sought after historic community of Indian Beach. This lovely established neighborhood is known for it's "Old Florida" feeling with its extraordinary tree canopy, lush vegetation, and the mixture of impressive mansions, eclectic and modern homes. The Main House offers 3 bedrooms, each with en-suite bath plus a office/den, a powder room and a 3-car garage. The open great room, kitchen and dinning room seamlessly lead to the very private covered terrace, pool and spa area with southern orientation. The separate Guest House in the back is designed as a Studio with full bath, walk-in-closet, kitchenette and offers ample privacy for guests. All concrete block construction and custom high-end materials are used for this home. Situated in popular Indian Beach, which is also referred to as the Museum Area, because it stretches "West of Trail" just North of Downtown Sarasota along the Sarasota Bayfront to South of the Ringling Museum and Ca'd'Zan. Downtown Sarasota, Sarasota-Bradenton Int'l Airport, New College of Florida, USF Sarasota Manatee Campus, Jungle Gardens, St. Armand's Circle and Lido Beach are just a short drive away. This neighborhood offers waterfront parks with beautiful views of the Bay for everyone to enjoy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,600,000
Sales Associate
William Raveis Real Estate
Phone: 413.388.1781
Deb.Rizza@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,880,000 | $2,880,000 | $2,880,000 |
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 | $451 | $451 | $451 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,441 | $18,680 | $25,286 |
Total Monthly Payment | $19,017 | $19,256 | $25,862 |
* 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.