5148 Damariscotta PLACE, Sarasota, FL, 34231 | $1,745,000

One or more photo(s) has been virtually staged. Under Construction. Beautiful West Indies Coastal Contemporary home with globally inspired design by award-winning Valencia Builders Group. The “Bahama Hampton” is a 3, 020 square foot, 3-bedroom, 3-full bath, 1-half bath, 3-car garage home on almost a half-acre lot with office, den/4th bedroom, and inviting pool/spa/outdoor kitchen on a quiet side street within walking distance of the coveted Riverview Highschool. The new home was designed with a focus on outdoor living, with corner pocketing sliding doors, a massive pool & spa, full outdoor kitchen, covered seating areas, and an immense paver-tile pool deck for entertaining family and friends. The oversized paver driveway, side entry garage, decorative courtyard wall, Bahama shutters, and lush tropical landscape drip curb appeal along the quiet tree-lined neighborhood street. Inside the impressive front entry, you’ll be immediately struck by soaring ceilings, large open spaces, luxurious finishes & features, a modern yet comfortable feel, and picturesque views of the pool beyond. The gourmet kitchen features a huge center island, white custom wood cabinetry w/soft close drawers, luxurious quartz countertops, stainless steel appliances, and a 6-burner natural gas range. The kitchen opens into the large family room, ideal for engaging with family and friends, with a coffered/beamed treatment on the 14’ ceilings. A den/office at the rear of the home is a great flex space, which could be used as a 4th bedroom if needed. With a single-floor split-bedroom plan, the primary suite offers total seclusion and includes a monstrous walk-in closet and glamorous en suite bath with dual vanity, huge walk-in shower, and separate tub. Access the powder room through a hidden door, a conversation piece to your impressed guests. Wood floors throughout soften the modern design, with tile in the baths, and carpet under your feet in the bedrooms, all replaceable at this point in construction. Impact-rated hurricane windows and doors. Options for wine walls, dry/wet bars, built-in features, and even a pet-washing station in the oversized laundry room. The list price includes almost all the bells and whistles but schedule a meeting now to finalize your choices. Photos are artist renderings and may include furnishings and features not included. Lot 6 "The Grenada" also available for $1. 795M

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2023
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,020
  • Acreage: 0.45
  • Est. Taxes: $1,960
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pool: Gunite, Heated, In Ground, Lighting, Tile
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Freezer, Microwave, Range, Range Hood, Refrigerator
  • MLS#: A4592672
  • Days on Market: 288 days
  • Website: https://www.raveis.com
    /eprop/A4592672/5148damariscottaplace_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 11/23/2024 8:02:08 AM)
Listing courtesy of LIVING VOGUE LLC   Phone: 800-486-1794

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NMLS Mortgage Loan Originator ID 16953

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5148 Damariscotta PLACE, Sarasota, FL, 34231

$1,745,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,396,000 $1,396,000 $1,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $163 $163 $163
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,939 $8,939 $12,257
Total Monthly Payment $9,227 $9,227 $12,545

* 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.