BRAND NEW CONSTRUCTION in the gated community by Medallion Homes, AQUA. Situated near the Sarasota Bay this gated community is highlighted by a four-acre translucent, blue lagoon and tropical shore providing a luxurious beach in your own backyard. Currently the only Salt Meadow floor plan on the market which is situated on a premium lot with views of the private lagoon that is just steps away. This two story, 3, 928 sq ft open floor plan home is the epitome of modern luxury living which features 4 bedrooms all equipped with their own full bathrooms and walk-in closets. The courtyard, highlighted by your own private pool with a waterfall, is eloquently centered in the home for views from every room. As soon as you step into the front foyer you are greeted with high ceilings throughout the home with a tower and elegant European interior design. Entering the main floor hallway there is a bonus space under the stairwell that can be utilized as a lounge area followed by a formal dining room and full guest bathroom located just off the pool access. The oversized living room sits just off the gourmet chef’s kitchen that features a statement piece island with a gas cooktop and Caesarstone quartz which is ran throughout the home. Additionally, there is a stainless-steel built-in oven and microwave as well as a refrigerator that is located right next to the sliding door access to the private pool creating an entertainer’s dream! In addition to the 4 bedrooms there is a full office/den located just off the living room that can be utilized in a variety of ways providing you with the perfect bonus space to get creative. Heading up the stairwell you will be met with strategically placed windows throughout providing views of both the private lagoon as well as the Sarasota Bay to Longboat Key. The master bedroom features a private balcony overlooking the courtyard and private pool providing the perfect setting to enjoy your morning coffee or evening beverage! The master bathroom includes a walk-in shower with double shower heads, stand-alone jacuzzi tub, and jack and jill vanities. Finally, there is an oversized walk-in closet capping off this dream master suite. The 3rd bedroom is just off the master bedroom which also includes a walk-in closet and full bathroom. Separating the upstairs wings is an additional living room space overlooking the pool and courtyard as well as an upstairs laundry room for your convenience. Capping off the second floor is the 4th bedroom that comes equipped with its own private balcony overlooking the courtyard and private pool, walk-in closet, and full bathroom.
Garage entry is to the rear of the home with a paver driveway and includes a two-car garage with epoxy flooring, and luggage shelving. Last but not least, additional upgrades include a gas pool heater connection already installed, 4 AC units, high impact windows and doors, a Sonos music system and speakers throughout with volume control in each room, and tropical landscaping surrounding the home. This Florida paradise is conveniently located near world renown IMG Academy, IMG Golf & CC, Anna Maria Island, Cortez Village, and SRQ airport, while remaining a short drive away from shopping and entertainment districts such as UTC and St Armand’s Circle. Beat the wait for a new build and schedule your private showing of this fully completed TROPICAL PARADISE!! (One or more of these photo(s) have been virtually staged)
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,272,000 | $1,272,000 | $1,272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.141% | 6.997% |
Monthly Tax Payment | $282 | $282 | $282 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,570 | $8,463 | $11,256 |
Total Monthly Payment | $8,977 | $8,870 | $11,663 |
* 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.