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Welcome to Downtown Sarasota’s Historic Laurel Park. A hidden gem within the bustling city, offering a perfect blend of traditional design and coastal charm. This exceptional residence, built in 2018 presents an opportunity for urban living in a serene walkable neighborhood. Upon entering, one is greeted by wood flooring, plank ceilings, and enhanced baseboards and crown molding. Encompassing a flexible floorplan, the main house is complemented by a guest house above the two-car garage. At the heart of the home, the chef’s kitchen is adorned with top-of-the-line appliances including a 6-burner Thermador Professional gas range, Mid Continent Cabinetry and quartz waterfall countertops. The kitchen seamlessly flows into the great room featuring a wood plank vaulted ceiling and sliding glass doors leading out to the covered lanai, offering a perfect blend of indoor/outdoor living. The first-floor primary suite is a haven boasting a tray ceiling with wood plank, French doors to the lanai, two walk-in custom California closets, and a spa-inspired bathroom with a large dual vanity, walk-in shower and freestanding soaking tub. Upstairs, a central loft serves as the perfect bonus room or media room, while two additional large bedrooms and two full bathrooms provide ample space. The studio apartment above the garage serves as the fourth bedroom, complete with a full bathroom and a private entry, making it the ideal space for guests, an art studio, or home office. The outdoor oasis is a refreshing retreat featuring a natural tone travertine deck that leads to a heated pool with waterfall feature. An outdoor kitchen, nestled under a wood pergola, is fully equipped with a built-in grill, beverage refrigerator, and sink. The covered lanai, equipped with electronic retractable screens, seamlessly integrates indoor and outdoor living. Fully fenced outdoor entertaining area, along with an electric gate on the driveway, ensures privacy and security. Additional: high impact windows and doors, window treatments throughout, smart home devices, reverse osmosis water filtration system, wired ethernet throughout, new pool pump (May 2023), new pool heater (March 2022), and new mini-split a/c unit in guest house above garage (Dec 2023). Historic Laurel Park is a walkable neighborhood, offering easy access to grocery stores, Bayfront Park, Downtown Farmers Market, shopping, dining, and cultural entertainment. This downtown oasis presents an unparalleled opportunity to embrace a vibrant urban lifestyle within a serene and picturesque community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,599,000
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 | $2,079,200 | $2,079,200 | $2,079,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.141% | 7.082% |
Monthly Tax Payment | $1,065 | $1,065 | $1,065 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,008 | $13,833 | $18,543 |
Total Monthly Payment | $15,198 | $15,023 | $19,733 |
* 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.