7940 Meadow Rush LOOP, Sarasota, FL, 34238 | $779,000

Under contract-accepting backup offers. NO DAMAGE AND NO FLOODING IN THE LAST 3 STORMS . HIGH AND DRY !!!! "move-in-ready" bar has just been raised to a whole new level with this stunning Lee Wetherington-designed and built WATERFRONT residence, featuring a brand-new roof (2022) and located within the desirable gated community of Turtle Rock in Palmer Ranch. This three-bedroom PLUS DEN/OFFICE property offers an unparalleled lifestyle, surrounded by a vibrant community with beautiful, mature landscaping. Prepare to be charmed by the appeal of this home, where you can enjoy living without extra fees—no CDDs here! The pleasant experience begins as you approach the paved walkway leading to the elegant, robust double-entry doorway with frosted glass. You are then welcomed by a well-designed split floor plan, with the primary bedroom on one side of the home and the guest rooms on the other, ensuring privacy for all family members and guests alike. The home underwent complete update and upgrade, including new 24" designer flooring throughout the main living areas, updated bathrooms with new cabinets, granite countertops, stylish fixtures, plantation shutters for that added touch of elegance. The primary bedroom features custom-built cabinets in both walk-in closets, one of which includes a built-in safe for your important documents. The fully equipped kitchen is a chef's dream, with 48" tall cabinets, granite countertops and coordinating backsplash, and top-of-the-line appliances, including an electric oven with gas cooktop burners (Turtle Rock is a natural gas community), a large refrigerator with craft ice maker technology and transferable warranty, and a wine cooler to boot. Additional significant updates include brand-new photovoltaic solar panels (2022) that generate energy for the entire home, resulting in an almost nonexistent electric bill month in and month out. Grab your favorite drink and your book of choice and come on out and relax by the gorgeous pool area, featuring paved decking and MAGNIFICENT LAKE VIEWS. Recent upgrades to the pool area include a completely rescreened pool cage, resurfaced heated pool with multiple lighting color settings, and a new multi-speed pool pump (2022). The outdoor space also features a storage cabinet for pool equipment, an outside cooler, and a powered patio awning and the list goes on and on. The home's location is the icing on the cake, with convenient access to shopping, dining, and world-class entertainment. The ever-popular Legacy Trail is just around the corner, and the beautiful Siesta Key is only minutes away. Turtle Rock also boasts an active social calendar (should you choose to participate) with a community center, a heated pool, tennis courts, basketball and pickleball courts, and scenic trails surrounded by gorgeous mature landscaping throughout the subdivision.
Make an appointment today before it's too late!

Features

  • Amenities: Basketball Court, Clubhouse, Fence Restrictions, Gated, Pickleball Court(s), Playground, Recreation Facilities, Tennis Court(s), Trail(s)
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Florida
  • Year Built: 1997
  • Garage: 2-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,152
  • Acreage: 0.22
  • Est. Taxes: $7,214
  • HOA Fee: $615 Quarterly
  • Lot Desc: In County, Landscaped, Sidewalk
  • View: Water
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pool: Gunite, Heated, In Ground, Lighting, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4625011
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /prop/A4625011/7940meadowrushloop_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/30/2024 12:17:09 PM)
Listing courtesy of CP REALTY INTERNATIONAL   Phone: 941-685-8441

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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7940 Meadow Rush LOOP, Sarasota, FL, 34238

$779,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $623,200 $623,200 $623,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $601 $601 $601
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,304 $4,199 $5,301
Total Monthly Payment $4,997 $4,892 $5,994

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.