Under contract-accepting backup offers. Nestled in the sought after coastal community of Phillippi Gardens, this tropical retreat offers the perfect blend of privacy and coastal living. Whether you enjoy this charming home as a primary residence or a rental income producing property, the secluded setting offers the vacation lifestyle year-round. Recent updates include impact resistant hurricane windows 2019, AC in 2021, water heater 2020, pool motor 2024, exterior and interior paint and tiki hut roof. Plenty of living space both indoors and out doors offering loads of privacy to enjoy your tropical oasis and eye catching sunsets. The fully fenced backyard is perfectly curated for outdoor living, complete with a large pool, dazzling bistro lights, tropical tiki hut, large shed and an expansive covered patio for entertaining. The oversized lot features ample parking, including an additional driveway PLUS space to store your RV or boat as there is NO HOA. Conveniently located just off Tamiami Trail close proximity to Siesta Key south bridge, offering easy access to world-class beaches, waterfront restaurants, fishing piers, marinas and downtown Sarasota. Schedule your showing and make this tropical retreat your new home or vacation rental.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $504 | $504 | $504 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,148 | $3,185 | $4,041 |
Total Monthly Payment | $3,744 | $3,781 | $4,637 |
* 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.