PRICE IMPROVEMENT! Seller is offering up to $30, 000 that can be used for closing cost, rate buy down or adding a pool. Experience luxury living at its finest with this stunning custom residential masterpiece! Nestled in a collection of four adjacent homes, this immaculate two-story traditional model boasts unrivaled craftsmanship and top-tier amenities. From its soaring 9’-4” ceilings and elegant crown molding to the gourmet kitchen featuring an entertainer’s dream island, every detail exudes sophistication. Revel in the allure of all-wood cabinets, quartz countertops, and pristine wood flooring throughout. Enhanced by block construction and upgraded underground electric service, this home offers both durability and style. Bask in natural light streaming through custom PGT Florida Impact Rated windows and doors, illuminating the spacious master suite, loft, and storage areas. Step outside to the expansive rear concrete lanai and embrace the Florida lifestyle. This home has been thru 2 Hurricanes and has zero damage, no flooding, No Flood Insurance required! Located just minutes from downtown Sarasota, St. Armands Circle, and Lido Beach, indulge in upscale shopping, dining, and entertainment. Landscaping includes lush St Augustine grass, plants, shrubs, and trees, complemented by a separate irrigation meter and system. Welcome home to luxury without the constraints of HOA or CDD fees!
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Our Executive Mortgage Banker:
Our Insurance Division:
$964,900
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 | $771,920 | $771,920 | $771,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $148 | $148 | $148 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,007 | $4,943 | $6,777 |
Total Monthly Payment | $5,247 | $5,183 | $7,017 |
* 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.