Under contract-accepting backup offers. One or more photo(s) has been virtually staged. MOVE-IN READY. NEW CONSTRUCTION. Discover a unique, contemporary gem nestled in the heart of Sarasota. This remarkable home beautifully marries industrial and rustic elements, evoking an atmosphere of charm and sophistication. Featuring original, reclaimed natural oak structural beams from an early 1900s home, these elegant features harmoniously coexist with sleek dark metal accents infused with subtle hints of glamour. The combination of these materials effortlessly complements the home's overall stunning aesthetic. This exquisite home comprises 5 bedrooms and 5 bathrooms, including two generously sized master bedrooms, one on each floor, each boasting a private en-suite configuration. The first-floor primary suite offers dual walk-in closets, a laundry area, and a luxurious spa-like primary bathroom with an oversized shower. The spacious second-floor master suite includes a designated work area and a stylish bathroom. Bathrooms on each floor are adorned with custom imported Spanish tile. Crafted with hosting and entertaining in mind, the inviting living space features soaring 22-foot ceilings, with a striking floor-to-ceiling fireplace as its focal point and a custom built-in nook for added character. The state-of-the-art kitchen is a culinary enthusiast's dream, offering layered custom cabinetry with ample storage, a generous island featuring waterfall edges and a unique backsplash, and top-of-the-line Fisher & Paykel appliances. A butler's pantry serves as a secondary storage and cooking area, complete with a dishwasher drawer, cooling drawer, a second wall oven, and a built-in coffee maker. Make the most of the Florida outdoor lifestyle on your spacious pool deck, which is thoughtfully equipped with all you need: a custom pool and spa, a convenient pool bathroom, outdoor speakers, and a well-appointed outdoor kitchen featuring a grill and smoker, all shaded by a sleek aluminum pergola. Nestled in the highly sought-after Arlington Park neighborhood, this property offers swift access to downtown Sarasota, world-class beaches, and an abundance of dining and shopping options, all just minutes away. With its distinctive blend of features, this home, mere weeks from completion, presents a unique and unparalleled opportunity. Don't miss your chance to make it yours—schedule a tour today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
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 | $2,236,000 | $2,236,000 | $2,236,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,503 | $14,317 | $19,632 |
Total Monthly Payment | $14,628 | $14,442 | $19,757 |
* 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.