Welcome to Your Dream Home at 1940 Rain Forest Trail, Sarasota! Nestled in the heart of one of Sarasota's most enchanting neighborhoods, this stunning, fully remodeled residence at 1940 Rain Forest Trail invites you to experience luxury living at its finest. This exquisite home seamlessly blends contemporary elegance with timeless charm, creating a sanctuary that you’ll be proud to call your own. This 1888 sq. ft home boasts 4 beds and 2. 5 baths with one of the most stunning backyards you will ever see. This home has a charm you feel as you take your first steps through the front door walking into this completely upgraded residence. Throughout the home you will see brand new engineered hardwood floors along with brand new upgraded bathrooms, bedrooms, living space, and a completely new kitchen! Throughout the house you have French doors to open to your stunning pool, as well as a balcony to look down on your amazing view. Located in a quiet, tree-lined neighborhood, 1940 Rain Forest Trail offers the perfect blend of peace and convenience. You'll enjoy easy access to Sarasota's renowned beaches (15 minutes away), top-rated schools, shopping, dining, and cultural attractions. Approximately 1 and 1/2 miles to Celery Fields and Big Cat Habitat. About 3 miles to the new Publix "Fruitville Farms" shopping plaza and Sarasota County Library. Two and a half miles to the Tatum Ridge Elementary School. Five minutes to I-75 at Fruitville or Bee Ridge. This community is known for its friendly neighbors and a strong sense of community, making it an ideal place to raise a family or enjoy a peaceful, laid-back lifestyle. Call to book your showing today, you won't want to miss this once in a lifetime property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,995
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 | $3,996 | $3,996 | $3,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $27 | $26 | $34 |
Total Monthly Payment | $102 | $101 | $109 |
* 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.