South Sarasota waterfront property surrounded by 312-ft. of water on three sides feels like living on a private island. Serene privacy on a cul de sac in the secluded South Creek community directly across from Oscar Scherer State Park and just 5 minutes to Pine View School for the Gifted. Located between Sarasota and Venice with easy access to the best amenities in both communities including beaches, shopping, dining, arts, medical and personal services. This “island” playground is an outdoor enthusiast’s delight. Private dock with kayak/paddleboard launch provides easy access to Sarasota’s coastal waterways for endless days enjoying Florida’s year-round sun and fun. Take a kayak trip to Nokomis Breakfast Cottage, Oscar Scherer State Park or secret mangrove tunnels. Relax on the back porch and be on the lookout for manatees, dolphins, pelicans and ospreys. A five-minute drive takes you to Nokomis Beach. The nearby Legacy Trail offers over 20 miles of rails-to-trails paved cycling paths. Spectacular sunsets are a daily celebration. The 3, 598 sq. ft. residence has four bedrooms and three baths. Living areas include formal living room with cathedral ceiling, formal dining room and family room with wood-burning fireplace. The ground floor has various climate-controlled rooms and screened in areas. Outdoor amenities include heated swimming pool, pergola with bench swings, bocce court and dock. South Creek is a gated community with easy access to US 41 and I-75. This residence is on the same street as the community amenities which include tennis courts, basketball, playground, day dock and night security gate. The singular combination of location, waterfront and size make this a desirable property for an exceptional lifestyle.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,425,000
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 | $1,940,000 | $1,940,000 | $1,940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $879 | $879 | $879 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,422 | $12,103 | $16,766 |
Total Monthly Payment | $13,426 | $13,107 | $17,770 |
* 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.