1498 Landings Lake DRIVE, #40, Sarasota, FL, 34231 | $629,000

Freestanding Treehouse in the Landings!!! Owners have added Hurricane windows throughout the residence for the ease of mind while away, energy efficiency and reduction in ambient noise. The luxury of having a freestanding unit offers additional sunlight in residence and no neighbors attached to you. The location of this unit provides guest parking on either side of the home. Nestled in the trees this 3 bedroom, 2 1/2 bath townhouse has great outdoor space. An oversized terrace on the main living level, and each bedroom has their own exclusive outside terrace as well . . . all with great views. The first living level has a multiuse space, dining room, living room, kitchen with morning room and guest bath. The upstairs space consists of the owner's suite, and two guest bedrooms. A neutral palate kitchen has white cabinetry, off white counters and stainless appliances. Soaring two story ceilings in living room and travertine floors on main living level. Private laundry room locate adjacent to the one car garage. Home is being offered turnkey furnished with a list of minor exclusions.

The Landings is in close proximity to Siesta Key Beach, shopping, dining, arts district, downtown Sarasota, SRQ airport and Sarasota Memorial Hospital. The plaza outside the community has wonderful array of restaurants, Starbucks, fitness center, and Publix . . . all a short stroll away. Enjoy the meandering nature trails, fishing at the pier on the Intracoastal Waterway or launch your kayak to into the bay. Optional membership to the private Landings Racquet Club facilities that includes a clubhouse, temperature regulated pool, spa, fitness center, 8 Har-Tru tennis courts, pro shop, tennis instruction, pickleball, three meeting rooms, and a lending library. Landing's club fee is 2050. 00 per year. Conveniently located adjacent to The Landings is a Phillippi Harbor Club, rackominium and marina, with easy access to the bay & Intracoastal Waterway for boating.

Features

  • Heating: Electric, Zoned
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Gated, Maintenance, Pool, Security, Trail(s)
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Complex: LANDINGS TREEHOUSE
  • Year Built: 1981
  • Approx Sq. Feet: 2,116
  • Est. Taxes: $7,157
  • Condo Fee: $4,558 Quarterly
  • Lot Desc: Corner Lot, FloodZone, In County, Street One Way
  • View: Garden, Park/Greenbelt, Trees/Woods
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Breed Restrictions, Number Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4614212
  • Days on Market: 65 days
  • Website: https://www.raveis.com
    /prop/A4614212/1498landingslakedrive_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 9/27/2024 9:17:13 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

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NMLS Mortgage Loan Originator ID 16953

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1498 Landings Lake DRIVE, #40, Sarasota, FL, 34231

$629,000

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 $503,200 $503,200 $503,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $596 $596 $596
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,139 $3,058 $3,977
Total Monthly Payment $3,827 $3,746 $4,665

* 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.