MOTIVATED SELLER, BRING ALL OFFERS!! SUPERIOR CONSTUCTION! You will be impressed with the quality construction and updates to this lovely stilt home! OVER $100K IN UPGRADES THIS PAST YEAR!*New windows upstairs and 2 New Hurricane doors! *Gorgeous Jansen hurricane shutters upstairs. *New floors, *New interior paint, *New kitchen, *New pool pumps! * New Bathroom vanities and toilets, *New master shelving in the closet, *New carpet in 2 bedrooms, *Natural gas stove, waster heater and dryer, *New landscaping! *Newer well maintained AC. The gorgeous pool was added in 2016 and designed by Lucas Lagoon Insane Pools, featuring cascading waterfalls! West of Trail Key West style pool home located in the idyllic community of Sorrento Cay. Old World European style construction , *Ytong block walls, *precast poured concrete second floor, *Icynene spray foam insulation, *front or rear screened porch complete with polyaspartic flooring. The first level is home to an oversized three-car tandem garage and an additional 1399 sq. ft. of space which offers endless possibilities. GREAT AREA FOR GAME ROOMS AND WORKSHOP! Travertine lanai and pool deck which is surrounded by tropical landscaping . Your pool features a swim shelf, bubblers, a grotto with cascading waterfalls, multi-colored lighting and a heat/cooler. *natural gas, *security system, *first floor mud room, *extra wide polyaspartic driveway, *wiring for a 50 Amp generator. Sorrento Cay is an intimate community of just 46 homes with very low HOA dues and no CDD and offers convenient access to Nokomis Beach, Oscar Scherer State Park, two public boat ramps, a kayak launch, plus shopping, dining, medical care, and near Pineview School. Home comes with outdoor TV, and garage shopvac. Home is waiting for a new roof, from Citizen insurance, damaged in Hurricane Milton. The roof has been temporarily patched.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,999
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 | $719,999 | $719,999 | $719,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $268 | $268 | $268 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,610 | $4,610 | $6,322 |
Total Monthly Payment | $4,970 | $4,970 | $6,682 |
* 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.