Pre-Construction. To be built. Custom Home West of the Trail, OUTSIDE FLOOD ZONE & OUTSIDE the 250ft proximity to Flood Zone. Coastal contemporary pool residence featuring 4 bedrooms, 3 baths, single story, 2981 sqft. [500 sqft. bonus room optional] Pool with waterfall fountain-[Pebble-Tec finish, saltwater filter, [natural gas option], Travertine tile patio with outdoor kitchen/wet bar and large covered Lania area for entertaining. Large lot and Vinyl wall for privacy. Beautiful designer home with many upgrades including; open floor plan with 12 ft ceilings, wood flooring throughout, open kitchen with custom cabinetry, luxurious Cambria Quartz countertops and Island. Thermador stainless-steel appliances (option natural gas). Primary Master Bedroom ensuite with custom finished walk-in closet and sliding glass doors with views of the pool and backyard. Master's ensuite bath includes porcelain tile, glass-enclosed shower with a rainfall showerhead, and custom high-end solid wood cabinets and Cambria Quartz countertops. Porcelain tile floors and showers in all bathrooms. Other features include; 3 Car Garage, option of metal or architectural roof tile, LED lighting and accents throughout, Hurricane impact doors & windows and high-quality plumbing & electrical fixtures (buyer has many options). Centrally located west of the trail between the 2 Siesta Key bridges. Close to Southside Elementary, top rated-Riverview HS, Southside Village, Downtown Sarasota, Sarasota Memorial Hospital, Marina Jack/Walt's Fish Market, Siesta Key, Lido Beach and St. Armand’s Circle. Home is a custom build, Some of the pictures are of model and are only a representation of home to be built
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,590,000
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 | $2,072,000 | $2,072,000 | $2,072,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $602 | $602 | $602 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,439 | $13,267 | $18,192 |
Total Monthly Payment | $14,166 | $13,994 | $18,919 |
* 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.