Beautiful lakefront home with old Florida charm that INCLUDES AN ISLAND!!!!
Experience old Florida living at its finest! This 2 bedroom, 2 bath, 1. 5 car garage, 1474 sq. ft. home exudes old Florida charm.
The owner is a gardener and the backyard is filled with rare and exotic tropical plants and palms. The house is on County water, but there is also a well out back that is perfect for watering the plants and filling the goldfish pond (with waterfall). No more expensive water bills for irrigation!
The back of the home is all windows. It has 4 large (approx. 5’ x 6’) windows and a sliding glass door that look out to the lake and backyard. The deed for this house extends to the lakefront (one of only two homes on San Jose Drive where the property line extends to the lake shore) and the property deed includes an “island” that sits about 20 feet into the lake. The lake is excellent for fishing and the owner will also include, with the purchase of the home, two kayaks. In the backyard is an approx. 6’ high traditional Tiki statute carved by a Tampa artist, from the trunk of a silk oak that once stood on the property.
The home has never flooded and withstood the recent two storms with no issues. It is all cinder block construction, which is great for Florida storms.
This home has been very well cared for and updated. It has new COREtec luxury vinyl flooring (installed 3 months ago), a 50-gallon Rheem water heater (installed in 2023), Lennox Elite AC, and upgraded appliances, including an LG washer and dryer (the LG washer sits atop an LG Sidekick which is a standalone washer, perfect for small loads and delicate items). The carpeting in the bedrooms was installed about a year ago and is in great shape. (Lights in great room do not convey)
The Desoto Lakes location is excellent!!! The home is about 5 minutes from the University Town CenterUTC Mall, , 12 minutes from downtown Sarasota, and about 17 minutes from St. Armands, Lido, and the beaches. No HOA or deed restrictions! This is a rare beauty and this home will sell fast!!!
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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 | $366,400 | $366,400 | $366,400 |
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 | $232 | $232 | $232 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,531 | $2,469 | $3,117 |
Total Monthly Payment | $2,838 | $2,776 | $3,424 |
* 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.