The “St. Michael” is award-winning Allegra Homes’ 2025 fully furnished model home supremely located just south of downtown Sarasota’s cultural epicenter in the coveted West of Trail area where residents know first-hand what a wonderful community they live in. Prepare to be captivated by the seamless fusion of modern design, artful nuances, and stylish sophistication. Every detail has been curated to create an inviting ambiance of gracious family living for years to come. This Coastal 4 bedroom, 4. 5 bath luxury property spans 3, 970 sq. ft. of open living offering unrivaled comfort and tranquility. Giving the home a feeling of expansiveness, the grand foyer opens to reveal the great room’s 2-story wood-beamed ceiling highlighted by a gorgeous chandelier. Clerestory windows fill this room with natural light and 2 glass sliders frames the alluring outdoor living area, inviting the outside in. The entire back of the home is dedicated to the screen enclosed space offering a heated saltwater pool/spa, covered dining and lounging areas with large screen TV, and year-round kitchen with deluxe cooking amenities. While enjoying a glass of wine, the evening sky hosts unforgettable sunsets painted in vibrant hues of yellow, red and orange. This fascinating oasis is accessible through a wall of glass sliders from the bonus room offering a wet bar and pool bath. The backyard is fenced for privacy and safety, and the lush landscape has been professionally designed and executed to perfection. An elaborate island kitchen is specially-equipped with the best in luxury appliances and will satisfy every desire of your home chef. The aptly sized dining room with a built-in buffet and lovely pool view will become a favorite spot to savor time spent with family and friends. The primary suite with adjoining study is a true retreat from the ordinary with an amazing drop tray tongue-and-grove ceiling, relaxed sitting area, direct access to the pool, expansive walk-in closet, separate double vanities, and a tastefully tiled stall encompassing both a rainfall shower and glamorous soaking tub within its 8 ft. glass walls. The elegant staircase with floating steps and glass railing takes you to a second bonus room, 2 additional bedrooms and a bath. So many other great features are included like a 3-car garage, custom light fixtures and fan, hurricane impact Low-E windows and sliding doors, stone faced TV wall in great room flanked on both sides with beautifully lit glass shelves, separate A/C system for the owner’s wing, optional elevator shaft or wine room, paver drive and walks, hidden pantry and irrigation system. For families with elementary age children, it’s just a short walk or bike ride to top-ranked Southside School. Their exemplary academic achievements have garnered them as a National Blue Ribbon School. You’ll love to explore nearby Southside Village, a stroll-around shopping district where you’ll discover an eclectic blend of galleries, trendy boutiques, a popular gourmet market, and restaurants and taverns with sidewalk seating. This fresh and newly built residence is the outstanding creativity and vision of Sarasota’s premier custom builder, Allegra Homes. 1827 Morris Street is truly a unique opportunity among Sarasota’s new luxury home market and must be experienced in person to be fully appreciated. 2 year 6% annual Lease Back.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,125,000
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 | $4,100,000 | $4,100,000 | $4,100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $860 | $860 | $860 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,593 | $26,253 | $35,998 |
Total Monthly Payment | $27,578 | $27,238 | $36,983 |
* 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.