Indulge in luxurious living within the exclusive Hammocks community! This impeccably maintained 4-bedroom, 3-bathroom Coachman-built home exudes curb appeal and sits on a private preserve lot. Enjoy the freedom of low HOA fees and no CDD fees. A circular paved driveway, lush landscaping, and a 3-car garage greet you upon arrival. Step inside to discover a light-filled interior with elegant arched doorways, columned accents, and a blend of rich wood and tile flooring. Soaring tray ceilings and an open floor plan create an inviting space for both everyday living and entertaining. The heart of the home is a chef’s dream kitchen, complete with expansive granite countertops, a wall of custom wood cabinetry, a natural gas range, stainless steel appliances with a French door refrigerator, generous pantry, and a sunny breakfast nook. A large aquarium window offers mesmerizing views of the pool and spa, seamlessly blending indoor and outdoor living. The private backyard oasis is a true tropical retreat. A sparkling pool and spa invite you to relax and rejuvenate, while covered areas, a paver deck, and a cozy fire pit provide ample space for alfresco dining and gatherings. A living wall envelopes the space in privacy, allowing you to enjoy serene views of the preserve’s mature oaks and swaying palms. Additional highlights include a dedicated home office, a new community playground is coming soon, and close proximity to area beaches, downtown Sarasota, and the UTC mall. Don’t miss your chance to own this slice of paradise in a prime location. Schedule your private tour today and experience the Hammocks lifestyle firsthand!
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.082% |
Monthly Tax Payment | $386 | $386 | $386 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,120 | $4,993 | $6,778 |
Total Monthly Payment | $5,598 | $5,471 | $7,256 |
* 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.