One or more photo(s) has been virtually staged. Discover the epitome of Sarasota living in this stunning 3-bedroom, 2-bathroom home nestled in the beautiful Phillippi Gardens neighborhood. Enjoy the best of both worlds with top-rated schools, world-famous Siesta Key beaches just minutes away, and the excitement of the upcoming Benderson Development shopping center being built, 1 minute down the road. This meticulously maintained home boasts a spacious 9, 000+ square foot lot, offering endless possibilities for outdoor entertaining. Bring your boat, RV and golf cart. The newly updated kitchen is a chef's dream, featuring custom cabinetry, a mesmerizing live-edge counter with under-counter lighting, and luxurious quartz countertops. Unwind in the Florida room or screened-in lanai, both offering potential expansion options, turning the Florida Room into a Master Bedroom. Relax in style with marble countertops in the bathrooms, custom designed closet space in bedrooms and a state-of-the-art 9-camera security system already installed for the entire home. The backyard oasis is perfect for creating your dream pool and outdoor living space. A versatile 20x30 outbuilding provides ample storage and potential for a home office or guest bedroom, 2/3 insulated. With recent upgrades like a new 2022 water heater, 2015 asphalt composite roof, HVAC 2020, fenced back yard, and small doggy door, this home is move-in ready. Don't miss this opportunity to experience the ultimate Sarasota lifestyle in one of the best neighborhoods and best school districts. This property did not flood during either storm. Sellers are motivated, send your offers today.
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Our Executive Mortgage Banker:
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$495,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $238 | $238 | $238 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,701 | $2,632 | $3,395 |
Total Monthly Payment | $3,014 | $2,945 | $3,708 |
* 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.