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Wonderfully updated, 3 bed 2 bath ranch home in Tahiti Park, an “old Florida” enclave of homes one mile north of downtown Sarasota and adjacent to Centennial Park and The Bay Conservancy, Sarasota’s developing 53-acre bayfront park. You will feel like you’re walking into a new home with most of the work completed in 2022 and 2023. This includes a new roof, impact resistant windows, reinforced stucco siding, flooring throughout, kitchen, baths and more! The screened front porch looks over the spacious, serene front yard shaded by ancient oaks. A tranquil setting just minutes from all the amenities Sarasota has to offer. Inside, the open plan is light and bright with high ceilings, transom windows and ultra smooth walls (no texture!). The kitchen and dining area are anchored by a large island big enough for a party of 6. Engineered hardwood flooring and recycled glass counters unite this space in complete harmony. The owner’s suite has 4 closets (!) and a luxuriously updated bath with dual vanities and a walk-in shower. The two additional bedrooms share a bath with a zero-threshold shower. The 3rd bedroom has a private entrance and access to the laundry room allowing guests and visitors to come and go privately or a perfect spot for a home office. The front porch and patio will be where to watch the sunset, but you’ll also find two back yard, paver patios providing additional areas to enjoy the mature landscaping and the privacy of a completely fenced yard. A rear load garage is accessed by Lowe Lane, a private road used only by 5 homeowners. If you long to be in downtown Sarasota but condo living is not your thing you must look at this opportunity available turnkey immediately. This property is NOT in a flood zone and survived the 2024 season with flying colors!
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Our Executive Mortgage Banker:
Our Insurance Division:
$945,000
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 | $756,000 | $756,000 | $756,000 |
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 | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $602 | $602 | $602 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,903 | $4,778 | $6,586 |
Total Monthly Payment | $5,597 | $5,472 | $7,280 |
* 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.