One or more photo(s) has been virtually staged. Auction Property. Introducing an exquisite new construction home nestled in the heart of Sarasota. Built by M&J Pham Development, this stunning residence offers an unparalleled combination of luxurious comfort and unbeatable location. As you enter this dazzling property, you will be greeted by an open and spacious floor plan that features high ceilings, natural light, and high quality finishes throughout. The home features a modern and elegant kitchen with top-of-the-line Bosch appliances, quartz countertops, and custom cabinetry. Two patios with an outdoor kitchen and additional island seamlessly blend indoor and outdoor living with meticulously planned landscaping and pool area. The master bedroom of this gorgeous home is a true sanctuary, offering a plush and peaceful retreat after a long day. It boasts an ample layout with plenty of room, and large windows to let in unrestricted natural light, providing a bright and airy feel that's perfect for relaxation. The room also features a generously sized walk-in closet with abundant space for storage and organization as well as a private terrace for you to easily enjoy the outdoor scenery. The master bathroom is equally impressive, featuring a soaking tub and a separate shower that's great for unwinding after a long day. The opulent finishes and high-end materials used throughout the space add to the lavish feel of this spectacular master suite, making it the best place to recharge and rejuvenate. As you ascend the grand staircase to the upper level of the lavish estate, you are met with a breathtaking sight of three cozy bedrooms. Each of the three bedrooms are spacious, and private, with its own bathroom. This setup is perfect for families or groups of friends looking to stay together in comfort and convenience. Situated between Siesta Key and Downtown Sarasota, you will have easy access to some of the best beaches, restaurants, and shopping. Whether you are looking for a day at the beach, a night out on the town, or a quiet evening at home, this home has everything you need. Photos are of similar finishes layout of home may vary. *finishes are subject to change due to possible supply delays of certain products. Renderings may not represent the final product. Changes may be made to physical features due to product and material availability. Changes can be made by ownership or General Contractors at any time.
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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 | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $92 | $92 | $92 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,269 | $11,269 | $15,453 |
Total Monthly Payment | $11,486 | $11,486 | $15,670 |
* 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.