Under Construction. Located outside of the floodplain with no storm issues! Inspired by the renowned Sarasota School of Architecture, this Courtyard Simply Modern Home features 5 bedrooms, 5 and a half bathrooms, and a 2-car garage, designed for luxurious comfort. With concrete tiled flooring, stunning custom cabinets, quartz countertops, and top-of-the-line appliances this flexible and livable floor plan ensures every need is met. Step outside to your own private oasis, complete with a saltwater heated pool, spa, and fenced yard. The low maintenance zero-scaped landscaping with beautiful lighting adds to the allure of this exceptional property. Located minutes from downtown Sarasota in the desirable Arlington Park area, with walkability to Morton's Market and an array of fantastic restaurants as well as Sarasota Memorial Hospital. Less than 10 minutes to Sarasota's beautiful beaches- Siesta Key, Lido Key, St. Armand Cir. , and majority of the top attractions in the area! Not to mention Arlington Park and Aquatic Complex offering swimming, a lap pool, walking trails, a dog park, activities and summer camp! Whether you're looking for your dream home or an investment opportunity, this is the perfect choice. Don't miss out—other lots and floorplans are also available! *Actual Floor plan shown, all other photos are of a very similar model, details and selections may vary*
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,960,000
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 | $2,368,000 | $2,368,000 | $2,368,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,163 | $15,359 | $20,791 |
Total Monthly Payment | $15,522 | $15,718 | $21,150 |
* 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.