Located between downtown and Siesta Key, this house is a little piece of Paradise. The owner, a luxury modern interior designer, wanted to make it a cool and colorful space. Everything was remodeled between 2020 and 2021! New roof and impact windows, new drywalls & ceilings, new flooring, all new electrical wires and 200 amp electrical panel, new A/C with all new ducts and thermostat, new waterlines, and much more. . . The house has been transformed from 4 bedrooms to 3 bedrooms, and a steel beam was installed to reinforce the structure and remove all the walls in the living area; this creates a large open living area with Chic lighting, a stylish island bar kitchen with granite countertops, cabinets, and new appliances. The master bathroom has a large double sink and a walk-in shower, and the shared bathroom includes a large bathtub. Luxury water-resistant laminate floors run throughout the entire house. Also, the master bedroom boasts a large walk-in closet. The Impact glass doors in the living room lead you to an inviting pool area with a small putting green. The fenced yard also creates more privacy for entertaining and securing pets. Everything was carefully considered to create a move-in-ready home. The home is a 5-minute drive to downtown Sarasota and 15 minutes to Siesta Key. You will also find all the best stores nearby, including Trader Joe’s, Whole Foods, and Publix. Also, there are no HOA fees, and the home has proven income value for investors who may be interested. Furniture is available in a separate contract.
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William Raveis Real Estate
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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 | $671,200 | $671,200 | $671,200 |
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 | $487 | $487 | $487 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,298 | $4,298 | $5,893 |
Total Monthly Payment | $4,877 | $4,877 | $6,472 |
* 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.