Welcome to Blackburn Estates on the Bay, a boutique gated community on Sarasota Bay a mile to Nokomis Beach! This private upscale community offers a kayak launch with direct access to the beautiful bay waters off Casey Key. An ideal location with easy access to Sarasota and Venice via I75 or US41. Area shopping, dining and beaches are all in close proximity. The Legacy Trail as well as Pine View School are both nearby. This award winning, former model home is now available for purchase. A 3 bedroom, 3 bath split plan design with numerous upgrades. Exterior features include cast stone architectural detailing, double entry doors with custom designed impact glass, a 2 car side entry garage, impact windows throughout, a whole house generator and a lovely preserve backdrop. The home is over 2900 square feet of living space complete with designer touches throughout. Soaring ceilings, hand scrapped wood floors, fireplace, crown mouldings, cased windows, plantation shutters, wood doors and so much more. A large island in the gourmet kitchen. The gas cooktop, wall ovens, a walk-in pantry, staggered wood cabinetry and granite counters complete the kitchen. A morning room, formal dining and a breakfast bar complete your indoor dining options. The great room is anchored by a wall of built-ins featuring tv space, decorative shelving and an electric fireplace. The home has surround sound with speakers both inside and outside. The office has a view of the pool through double doors. The owner’s retreat features the award winning bathroom design, a custom built walk-in closet as well as a sitting area with access to the pool. The guest bedrooms and bath as well as the laundry room are at the opposite side of split floorplan. The pocketing sliders across the great room allow for the indoor and outdoor spaces to connect for easy entertaining. A free form caged pool has covered space and open space to accommodate everyone's tolerance of the sun. The veranda is complete with outdoor kitchen and wood ceiling. This is a tremendous amount of home for the money. You will not be disappointed by all that it has to offer. . . only by missing the opportunity to call it your home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,229,000
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 | $983,200 | $983,200 | $983,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.864% | 6.725% |
Monthly Tax Payment | $983 | $983 | $983 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,296 | $6,377 | $8,565 |
Total Monthly Payment | $7,404 | $7,485 | $9,673 |
* 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.