Under contract-accepting backup offers. Florida living at its finest! You'll find this lovely home tucked away on a cul-de-sac in the luxurious community known as The Oaks. This amazing custom-built home features 5 bedrooms, 5. 5 bathrooms and 5, 399 sq. ft. of fabulous living space, combining comfort with elegance! Upon entering you are greeted by the formal living room with high ceilings, crown molding, large sliding glass doors and arched windows. The gourmet kitchen is a chefs dream with plenty of space to work with, double refrigerators, a breakfast bar and island, open to the family room. The dining room is ideally located off of the kitchen and living room and features triple tray ceilings and a built-in bar ~ perfect for entertaining! Sliding glass doors from the living room, family and master bedroom lead out to a spacious covered lanai, pool/spa and outdoor kitchen. This home is situated on a large lot with golf course and pond views, providing a peaceful setting. Updates include a new roof (2021), fresh interior paint, landscaping and more! Tenant occupied with current lease agreement until 08/16/2025.
Nestled amongst luxurious homes, mature landscape and streets lined with canopying oak trees, the Oaks is a gated community with two golf courses, racquet sports, wellness, fitness, dining and so much more. Membership is required. Close to everything Sarasota County has to offer, including beaches, parks and top-ranking Pine View School. Schedule a tour today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $1,555 | $1,555 | $1,555 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,554 | $9,195 | $12,608 |
Total Monthly Payment | $11,234 | $10,875 | $14,288 |
* 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.