This home feels miles away from the city, but you are only minutes away from downtown Sarasota. It has its own little Oasis in the backyard. There are lots of fresh fruit trees. You can pick your apple from the trees. It also has fresh-growing pineapple and more. The roof has a standing seam mental roof, one of the best in the industry. This home also has a 16x40 RV garage with electric hookups. There have been many upgrades, like Hurricane windows, Tub lighting, outside storage, and Sparatic painting on the garage floor and driveway. It has city water and sewer, as well as a well. Both well and city water are on an R. O. system. This home is located on a cul-de-sac, which gives you much privacy. The possibilities of what the new owner can do with this home are unlimited. The large bedroom next to the master could be turned into a rec room or a theater room or made into one HUGE master with just the closing of an entry door.
The Florida room could also be a rec room, an office, etc. This home is great for a large family; with all of the bedrooms, everyone has their own private space when they need it. It is close to downtown and Ringling. This is an excellent house for Airbnb. The home is sold furnished.
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Our Executive Mortgage Banker:
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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 | $679,920 | $679,920 | $679,920 |
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 | $644 | $644 | $644 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,410 | $4,354 | $5,970 |
Total Monthly Payment | $5,146 | $5,090 | $6,706 |
* 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.