Located in the prestigious Harbor Acres neighborhood, this newly renovated resort-style home at 1808 Flower Drive, Sarasota, FL, offers breathtaking views and direct access to Sarasota Bay. A complete renovation in 2022 features four bedrooms and six bathrooms spanning 5, 609 square feet. When entering the home, you will find yourself in a grand foyer featuring a personal art gallery and private dining room. This unique floor plan offers a seamless living experience with luxurious finishes and smart living technology that allows you to control your home near or far. The newly expanded kitchen brings natural light throughout the breakfast room, built-in office, and walk-in floor-to-ceiling wine room. Redesigned to open the home, the spacious living room allows a double seating area that seamlessly transitions to the central patio for optimal entertainment. The primary suite features dual vanities, a oversized shower, and a custom walk-in closet with easy access to a private patio. In 2022, a new versatile upstairs addition with a private entrance was added to the home, perfect for a game room, media lounge, or guest suite. The expansion of multiple patio areas and outdoor living spaces is ideal for entertaining and enjoying Florida's beautiful weather. You will find a personal oasis with a luxury pool alongside multilevel turf lawns, including a private putting green on the water. Situated just minutes from Downtown Sarasota, you will find renowned dining, shopping, and cultural attractions. Schedule your private showing today and step into the ultimate Sarasota lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,995,000
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 | $9,596,000 | $9,596,000 | $9,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $3,708 | $3,708 | $3,708 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $62,239 | $62,239 | $84,916 |
Total Monthly Payment | $66,072 | $66,072 | $88,749 |
* 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.