1640 Waldemere STREET, Sarasota, FL, 34239 | $5,775,000

Pre-Construction. To be built. Located outside of the floodplain with no storm issues! Introducing Courtyard Modern's latest design! This brand new design boasts resort-style living. Relax in your private saltwater pool and spa, surrounded by a fenced yard and lush landscaping with beautiful landscape lighting. Experience luxury at its finest with an elevator, sleek concrete tiled flooring, custom cabinets, quartz countertops, and professional-grade appliances. This modern home features 7 bedrooms, 7. 5 bathrooms, and a 7-car garage. Inspired by the Sarasota School of Architecture, this Simply Modern Home offers a flexible and livable floor plan. Located in the renowned Southside school district where you can also enjoy the convenience of Southside Village living, just a stroll away from Morton's Market, restaurants, shops and Sarasota Memorial Hospital. Also, minutes from downtown Sarasota where you will find many more fantastic restaurants and shops! 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, near by is Arlington Park and Aquatic Complex offering swimming, a lap pool, walking trails, a dog park, activities and summer camp! This prime location offers the opportunity for investors to capitalize on one-week minimum vacation rentals in the "City" of Sarasota. Additional lots are also available for those looking to customize their dream home. Don't miss out on this unparalleled opportunity! Contact us today for more details. Please note, rendering is similar but not exact. Actual plans will be complete soon.

Features

  • Rooms: 3
  • Bedrooms: 7
  • Baths: 7 full / 1 half
  • Laundry: Inside, Laundry Room
  • Year Built: 2024
  • Garage: 7-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,500
  • Acreage: 0.25
  • Est. Taxes: $8,031
  • Elem. School: Southside Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Pool: Heated
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4628979
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /eprop/A4628979/1640waldemerestreet_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/27/2024 1:17:08 PM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-366-8070

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1640 Waldemere STREET, Sarasota, FL, 34239

$5,775,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $4,620,000 $4,620,000 $4,620,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $669 $669 $669
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $29,965 $29,582 $40,883
Total Monthly Payment $30,759 $30,376 $41,677

* 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.