Located outside of the floodplain with no storm issues! Introducing an exquisite new construction home in the heart of Sarasota's Arlington Park neighborhood. This one-of-a-kind, designer-built, Sarasota School of Architecture-inspired "Simply Modern Home" is ready for you to move in! Boasting 4 bedrooms, 3. 5 bathrooms, and a spacious 2-car garage, this home offers a thoughtfully designed, flexible floor plan ideal for modern living. Beautiful wood flooring flows throughout the home, complemented by all-wood custom cabinetry, quartz countertops, and premium Dacor Pro appliances in the kitchen. The luxurious bathrooms are equally impressive, designed to delight.
Step outside to your private saltwater pool, surrounded by a travertine deck and fenced yard for added privacy. The zero-scaped yard features stunning landscape lighting, creating a serene outdoor retreat. The home is equipped with advanced home automation and entertainment systems, blending convenience with sophistication. Located a short distance to Morton's Gourmet Market, the vibrant Southside Village restaurants, and Arlington Park's amenities, this property offers unparalleled access to Sarasota’s finest attractions. Plus Sarasota City is zoned for weekly vacation rentals, presenting an excellent investment opportunity. Buyers will pay title, documentary stamps, and closing fees with Sarasota Title Services. Additional lots and home options are available. Call today for more details—don’t miss this extraordinary opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,335,000
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 | $1,868,000 | $1,868,000 | $1,868,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $268 | $268 | $268 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,271 | $11,961 | $16,401 |
Total Monthly Payment | $12,664 | $12,354 | $16,794 |
* 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.