7416 Cabin LANE, Sarasota, FL, 34240 | $499,999

Under Construction. Welcome home to the Destin, Kingfisher Lakefront. ****SPECIAL FINANCING AVAILABLE FOR A LIMITED TIME ONLY FROM PREFERRED LENDER. RESTRICTIONS APPLY, FOR QUALIFIED BUYERS, SUBJECT TO APPLICABLE TERMS AND CONDITIONS. MUST CLOSE ON OR BEFORE 12/31/24. SUBJECT TO CHANGE WITHOUT NOTICE****
This modern, rear-load townhome includes three bedrooms, two and a half bathrooms, a den, and a two-car garage.
Immediately inside, you’re greeted by a flex room, perfect for a home office or play room. Walk down the foyer to find the powder room and the main living space. The foyer opens up into an oversized great room, creating a functional space that allows you to flow from kitchen to the dining area to outside.
A kitchen lines one wall with ample cabinet and counter space, and storage. The highlights of the modern and functional kitchen space are a large island and views to the lanai and sunny Sarasota skies.
The second story houses all the bedrooms, two bathrooms, and the laundry room. An owner’s suite is a huge highlight with beautiful, large windows, a spacious, walk-in closet and a private owner’s bath.
The two secondary bedrooms and a full bathroom reside farther down the hallway. Both bedrooms have light-filled windows for cascading sunshine and plenty of closet space. Another door opens to a walk-in laundry room. You’ll love having easy access and not having to walk downstairs with a heavy basket!

Features

  • Amenities: Park, Playground, Pool
  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Upper Level
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,850
  • Acreage: 0.11
  • Est. Taxes: $500
  • HOA Fee: $604 Quarterly
  • Elem. School: Tatum Ridge Elementary
  • Middle School: McIntosh Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • MLS#: R4907900
  • Days on Market: 171 days
  • Website: https://www.raveis.com
    /prop/R4907900/7416cabinlane_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 4:40:08 AM)
Listing courtesy of FLORIWEST REALTY GROUP, LLC   Phone: 407-436-6109

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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7416 Cabin LANE, Sarasota, FL, 34240

$499,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,999 $399,999 $399,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $42 $42 $42
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,661 $2,659 $3,430
Total Monthly Payment $2,778 $2,776 $3,547

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.