5-acre vacant lot available: a rare gem near with easy access to Lakewood Ranch, Downtown Sarasota, and Siesta Key! Discover an exceptional opportunity to build your dream home on this expansive near 5-acre vacant land that is ideally located just around the corner from Lorraine Rd. Situated near the prestigious community of Lakewood Ranch, this vacant land offers the best of both worlds- a peaceful retreat and convenient access to urban amenities. Future residents will enjoy the perfect balance of serene countryside living and the vibrant cultural scene of both Lakewood Ranch and Sarasota. Property has been cleared and former home on the demolished. Buyer to verify with the county but there should be a credit to new owner for impact fees for new construction! No HOA or Deed Restrictions!
Subdivision:
ACREAGE & UNREC
Utilities
BB/HS Internet Available, Electricity Available
Lot Description:
Buildable, Cleared, In County, Oversized Lot, Room For Pool
650 Sinclair DRIVE, Sarasota, FL, 34240
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
