Welcome to University Village, a tranquil gated community where pride of ownership is evident throughout. This immaculate, model-like villa, built in 2020 is professionally decorated and offers maintenance-free living with every conceivable enhancement, including hurricane impact glass windows and doors throughout. Inside, a bright and open floor plan includes 2 bedrooms, 2 bathrooms, office and over $100, 000 in builder upgrades. Exquisite details include a custom designed chef’s kitchen with under-cabinet lighting, soft close and dovetailed cabinetry, rollout trays in lower cabinets, a large extended island, quartz countertops, designer tile backsplash, pantry with frosted pane door, and stainless steel appliances including gas range with canopy vented hood, drawer microwave and wine refrigerator. Perfect for entertaining, the spacious great room features an electric fireplace and wood mantel. Elegance abounds in every room with designer fans and light fixtures, upgraded engineered birch scrape wood floors, tray ceilings, crown moldings, 5 1/4-inch baseboards, 8-foot interior doors, Hunter Douglas window treatments throughout, wall details in bedrooms, and additional recessed lighting. Bathrooms feature floor-to-ceiling tile, upgraded shower doors and quartz counters. The primary suite’s custom closet organizers maximize space, the office includes custom built-in cabinetry for storage and filing needs and the functional laundry room offers 42" upper cabinets and new 2023 LG washer and dryer. Upgraded large sliding doors lead to an expanded paver lanai with hurricane storm screens and a serene pond view. The oversized 2-car garage features an epoxy-sealed floor, attic access, and custom cabinetry for ample storage. Maintenance covers lawn care and irrigation, exterior painting, fiber internet, HD cable, a clubhouse, pool and spa, and a dog park. Conveniently located near beautiful beaches, world-class dining, fine shopping, cultural activities, SRQ International Airport, and The UTC Mall, this home is just 5 miles from Sarasota’s Main Street, Bayfront Marina, and park, and an easy drive over the Ringling Bridge to St. Armand’s Circle. Experience the impeccable Florida lifestyle you’ve always dreamed of in this extraordinary home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $348 | $348 | $348 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,773 |
Total Monthly Payment | $3,367 | $3,364 | $4,213 |
* 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.