Under Construction. Under construction. Modern refinement blends seamlessly with elegance and comfort in this stunning, new construction masterpiece from TDI Coastal Homes. Peace of mind is built in as this home is not in a flood zone and is perched more than 20 feet above sea level. An ideal location and on a generous lot with plenty of room for outdoor recreation, this home is situated 10 minutes from the world famous Crescent beach on Siesta Key and just minutes to downtown Sarasota. With a front facade that boasts clean lines and a captivating mix of wood, stone and a unique commercial style glass garage door, your curb appeal will be undeniable as you welcome family and friends into your sophisticated sanctuary. Cutting edge material and design does not sacrifice quality and durability as the engineered hardwood floors throughout the first floor create the perfect foundation for the exquisite open concept design. A chef’s kitchen, featuring Thermador appliances, quartz countertops, an oversized island, intriguing fixtures and a walk-in pantry, lies at the heart of the home and is undoubtedly where your guests will gather to enjoy your inspired culinary creations. Find respite in your primary suite that will envelope you in luxury as you rest and recharge from your days filled with Suncoast adventures. The first floor also offers a home office, mud room, laundry space and multiple sets of sliders to the outdoor oasis consisting of a spacious lanai with a fully appointed outdoor kitchen and multiple seating areas. The refreshing pool will keep you comfortable on sunny afternoons while the warm spa will soothe as the day fades into night. The second floor grants room for guests or additional personal space with three generous bedrooms; one bedroom with a private bath and two that share an adjoining bath. Additional features include two motorized screens on the lanai for effortless comfort, a two car garage and a reverse osmosis system for clean, filtered ice and water. Privacy is a luxury that is not available in all locations, but this home is smartly situated adjacent to a two acre property at the rear, affording you a feeling of seclusion that is seemingly rare with new construction homes. With an incredible location in a vibrant community and top notch schools just around the corner, this home offers the best of Sarasota, brimming with culture, recreation, convenience and the quintessential Florida lifestyle. TDI Coastal Homes creates homes to meet your lifestyle through innovative design and meticulous attention to creating a space that feels extravagant yet effortless.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,395,000
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 | $1,916,000 | $1,916,000 | $1,916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $289 | $289 | $289 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,427 | $11,797 | $16,955 |
Total Monthly Payment | $12,841 | $12,211 | $17,369 |
* 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.