Under contract-accepting backup offers. Welcome to BOATERS PARADISE and this stunning OVERSIZED CORNER-LOT pool home with breathtaking WATER VIEWS of the private deep-water marina in the highly sought-after Southbay Yacht & Racquet Club. This expansive residence boasts three bedrooms, a possible FOURTH bedroom (currently used as a den), four bathrooms, and a bonus room, all situated on a corner lot with a circular drive and a side-entry garage with a second driveway.
Step inside to a spacious foyer that leads to a voluminous living room featuring a gas fireplace and marina views. The open floor plan seamlessly connects the living area to a large dining room, making the marina view a focal point of every gathering. The kitchen is a chef’s dream, equipped with a custom Godin gas range with a warming drawer and hood, granite countertops, Brazilian wood cabinetry, and a large center island with a breakfast bar. The adjacent family room and eat-in kitchen area provide multiple access points to the lanai, blurring the lines between indoor and outdoor living.
The master suite is a private retreat with lanai access, a walk-in closet with custom wood built-ins, and an ensuite bathroom featuring dual split vanities, granite countertops, and a large step-in shower. The additional bedrooms are equally spacious, with ample storage and natural light. Bedroom two features a built-in wall unit and double closets. Bedroom three features an ensuite bathroom, walk-in closet, and an additional room that has endless possibilities. The den, with its wall of windows overlooking the marina, is perfect as a man cave with a custom bar area that enhances its entertaining potential, can be used as a home office or easily converted into a fourth bedroom. This room also has direct access to bathroom four.
Outdoor living is redefined in the pavered patio area, complete with a tiki entertainment center, cozy firepit, and lush tropical landscaping for ultimate privacy. The home is designed for family living and is ideal for multi-generational living.
Recent updates include a new roof and pool solar panel system (2023) and freshly painted interiors in neutral tones, making this home worry-free and energy-efficient.
Southbay Yacht & Racquet Club is an exceptional boating community with slips available on a first-come, first-serve basis at a LOW RENTAL FEE. The community offers a LOW HOA, NO CDD, and a wealth of amenities including a kayak launch and storage area, updated clubhouse, tennis, pickleball, community pool, shuffleboard, bocce ball, basketball, playground, and miles of scenic walking paths. Located just minutes from top-rated schools, beaches, the Legacy Trail, and the best of Sarasota and Venice.
Don’t miss this rare opportunity to own a slice of paradise in one of the most desirable waterfront communities!
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Our Executive Mortgage Banker:
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$1,325,000
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 | $1,060,000 | $1,060,000 | $1,060,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $474 | $474 | $474 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,441 | $6,441 | $8,945 |
Total Monthly Payment | $7,040 | $7,040 | $9,544 |
* 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.