Pre-Construction. To be built. Looking for a high-end, exclusive property where you can store and admire your most prized car/boat collection? Look no further than The Engine Vault presented by American Property Group and Rich Global right behind Clark Road at 3866 Clover Lane, Sarasota, FL. With the closest proximity to Siesta Key for a "private luxury garage condo" type product, feel safe and assured that your prized possession's will be heavily guarded and secured.
With most "car-condo's" being built on the other side of I-75, this location will be ideal for someone wanting full comfortability with their collection without having to drive 30-45 minutes in traffic. We understand you as a car/boat enthusiast want more than a standard car-condo, so we have taken it to a new level.
Boasting four (4) separate 1650 SF units or one (1) 6, 600 SF unit, these will come with a sky bar/mezzanine that is unlike anything seen for this type of product. Each unit (or just one) will come with a luxurious mezzanine space that has a bar, TV, and lounge area for full relaxation. This mezzanine will allow the owner to view their possessions from both sides. Also included are a luxurious bathroom, a small office, and a hydraulic lift. Other options include but are not limited to a steam room/sauna/cold tub/etc. .
Call Tyler Sluman now to secure a unit/the entire building for your most expensive investments!
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Our Executive Mortgage Banker:
Our Insurance Division:
$577,500
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 | $462,000 | $462,000 | $462,000 |
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 | $191 | $191 | $191 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,191 | $3,113 | $3,930 |
Total Monthly Payment | $3,474 | $3,396 | $4,213 |
* 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.