Under contract-accepting backup offers. **Welcome to Your Coastal Retreat in Sapphire Shores!** This pristine property transcends all others in its class, offering an unparalleled living experience near the heart of Sarasota. This exquisitely updated home features an open-concept split-bedroom floor plan, perfect for entertaining family and friends. The spacious owner’s suite boasts a walk-in closet, and a resort-style en-suite bathroom complete with dual vanities and a stunning stand-up shower. Culinary enthusiasts will love the expansive kitchen, equipped with stainless steel appliances, Shaker-style cabinets, quartz countertops, a breakfast bar, an oversized subway tile backsplash, and a convenient coffee station. Dual sliding doors lead to a beautiful brick paver lanai, providing a seamless transition to the tropically landscaped pool deck and heated salt-water pool (2023)—your private oasis for relaxation and fun. Additional highlights include a 2-car garage with a pull-down screen enclosure, laundry station and utility sink, vaulted ceilings, luxury vinyl wood floors, charming shiplap walls, plantation shutters, and a cozy reading nook. The elegant formal dining area, decorative lighting, and ceiling fans enhance the inviting atmosphere, while the vinyl privacy fence, newer ROOF (2021), newer HVAC & ductwork (2021), updated electric panel (2024) and irrigation system ensure both comfort and convenience. Enjoy the beauty of sunsets shining over Sarasota Bay as you stroll through the quiet streets. This prime location places you central to world-class beaches, Downtown Sarasota, the airport, New College of FL, University Town Center, St. Armand’s Circle, Anna Maria Island, shopping, dining, The John and Mable Ringling Museum of Art, and top-rated schools. Don’t miss your chance to experience luxurious coastal living. Start living today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,000
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 | $559,200 | $559,200 | $559,200 |
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 | $561 | $561 | $561 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,862 | $3,767 | $4,757 |
Total Monthly Payment | $4,515 | $4,420 | $5,410 |
* 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.