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7322 Westmoreland DRIVE, Sarasota, FL, 34243 | $2,500,000
Gorgeous bayside 1960-built swinging party pad, destroyed by Helene. This is the largest lot in the neighborhood, (46, 566 square feet) more than an acre! It could be split or just build a 8 car garage with plenty of room. Sailboat water never goes out of style. The piles from the dock are still there and it wouldn't cost much to rebuild the dock. The seawall was rebuilt in 2021 and good for another 47 years. There is great drainage on the property, with several culverts. This is a great neighborhood for dogs, walkers and bikers. This is Sarasota's undiscovered gem. Manatee County water, taxes and building rules, with a Sarasota address. You can be waterside, hop off your sailboat and into the car and be dining in a local restaurant in minutes. Don't sit in traffic on the Keys, enjoy the beach at the Audubon Island during the day and the sparkling lights of Longboat at night, from Whitfield. It's the best location in Florida, build your dream home here or refurb this distressed damsel and watch the flamingoes from your dining room. Electricity is not on, Minimal Or No Exterior Lighting, No AC, No Heat.
Features
- Rooms: 5
- Bedrooms: 4
- Baths: 3 full / 1 half
- Lot Size: 128.7 x 361
- Laundry: Inside, Laundry Room
- Style: Mid-Century Modern
- Year Built: 1960
- Garage: 2-car Circular Driveway, Garage Door Opener
- Heating: Central
- Cooling: Central Air, Mini-Split Unit(s)
- Approx Sq. Feet: 3,756
- Acreage: 1.07
- Lot Size: 128.7 x 361
- Est. Taxes: $17,000
- Lot Desc: FloodZone, Oversized Lot, Sidewalk
- View: Water
- Elem. School: Florine J. Abel Elementary
- Middle School: Electa Arcotte Lee Magnet
- High School: Bayshore High
- Pool: Gunite, Heated, In Ground, Lighting, Solar Cover, Tile
- Pet Policy: Cats OK, Dogs OK, Yes
- Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Range, Refrigerator, Washer
- MLS#: A4631567
- Days on Market: 2 days
- Website: https://www.raveis.com
/eprop/A4631567/7322westmorelanddrive_sarasota_fl?source=qrflyer
Listing courtesy of Mink Realty Phone: 502-717-1722
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
7322 Westmoreland DRIVE, Sarasota, FL, 34243
$2,500,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
| Monthly Tax Payment | $1,417 | $1,417 | $1,417 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,972 | $12,641 | $17,422 |
| Total Monthly Payment | $14,514 | $14,183 | $18,964 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388