263 Lime CIRCLE, Sarasota, FL, 34237 | $1,999,000

Pre-Construction. To be built. Your opportunity to own your own custom designed home. Vacant land not in a flood zone with custom builder plans to build total $2 million home. This breathtaking lot offers 12, 195 sq ft of cleared land, trees and original house removed. Located on a quiet cul-du-sac close to downtown restaurants and shops. A traffic free walk to Payne Park, also a short walk to the Bay Runner trolly which services St. Armands Circle and Lido Beach. The landowner is working with Elegant Custom Homes who will construct a 2, 659 sq ft home consisting of the main house plus an attached guest house. The main house has an open floor plan, all on ground level with high ceilings, 10 ft high sliding glass doors overlooking the pool and spa and covered outdoor living area, 3 bedrooms, 2 full baths, foyer, dining room and guest room with fabulous kitchen with Viking appliances, custom cabinets, a large island, quartz counter tops and a walk-in pantry. Laundry room with washer and dryer, wash tub and built-in storage for clothes hanging. 2 tankless instant hot water heaters (one in guest house) and outdoor shower. The attached guest house has living room, kitchenette, 2 bedrooms, each with 8’ high sliding glass doors to pool. Full bathroom, laundry with washer/dryer and separate a/c. All for a package price of $2 million or work with the builder to come up with the home of your dreams; or purchase the land and hire your own builder. The choice is yours, but the result will be spectacular

Features

  • Rooms: 11
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 40 x 183 x 175 x 100
  • Laundry: Laundry Room
  • Style: Craftsman, Custom
  • Year Built: 2025
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,659
  • Acreage: 0.28
  • Lot Size: 40 x 183 x 175 x 100
  • Est. Taxes: $4,044
  • Lot Desc: Cleared, Cul-De-Sac, Street Dead-End
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pool: Gunite, Heated
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • MLS#: A4562867
  • Days on Market: 432 days
  • Website: https://www.raveis.com
    /eprop/A4562867/263limecircle_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 12/22/2024 1:47:45 AM)
Listing courtesy of HANLY ASSOCIATES REALTY   Phone: 941-374-0976

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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263 Lime CIRCLE, Sarasota, FL, 34237

$1,999,000

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 $1,599,200 $1,599,200 $1,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $337 $337 $337
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,372 $10,240 $14,041
Total Monthly Payment $10,834 $10,702 $14,503

* 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.