Nestled in the heart of Sarasota, this beautifully remodeled home offers a practical blend of elegance and convenience. With three large bedrooms, each featuring walk-in closets, and two tastefully updated bathrooms, this home is designed for comfort and functionality. The entire property has been thoughtfully upgraded, starting with the new painted metal roof installed in 2022, which comes with a 50-year warranty for peace of mind. Climate control is effortless with two new Trane air conditioning units and updated ductwork and insulated and impact glass windows, ensuring safety, energy efficiency, and quiet living. Inside, new wooden ceilings and accent walls add character to every room. The second floor features new hardwood bamboo flooring, while a beautifully crafted maple stairwell and handrails add to the appeal. Solid stained wood interior doors throughout the house provide a touch of understated luxury. The outdoor living space is just as inviting as the interior. A large screened-in area opens to an outdoor retreat complete with a hot tub, making it ideal for relaxing or entertaining. The entire yard is surrounded by a new privacy fence, creating a secluded oasis. The lush landscaping, featuring palms, bamboo, and fruit trees, adds to the ambiance. Practical upgrades include a new hot water heater and a gun safe discreetly built into the primary bedroom closet. This home is perfectly positioned for both convenience and recreation, located near Sarasota Memorial Hospital and directly across the street from Arlington Park. The park’s amenities include a public pool, tennis courts, playgrounds, basketball courts, and a picturesque walking trail, offering endless opportunities for outdoor enjoyment. Located in evacuation zone E, the property stays high and dry during flooding.
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Our Executive Mortgage Banker:
Our Insurance Division:
$810,000
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 | $648,000 | $648,000 | $648,000 |
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 | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $339 | $339 | $339 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,203 | $4,149 | $5,689 |
Total Monthly Payment | $4,634 | $4,580 | $6,120 |
* 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.