Discover a luxury oasis in Sarasota's coveted Arlington Park neighborhood. This stunning custom-built two-story home boasts a brand new saltwater heated pool and spa, creating the perfect private retreat. Upon arrival, you are greeted by 9ft solid mahogany doors to a sprawling 1, 500 sqft screened-in pool courtyard, an inviting space for relaxation and entertainment. On the other side of the foyer, there’s an air conditioned & insulated garage which will protect and keep your favorite vehicles in pristine condition year round. This home is a true fortress against storms, DID NOT FLOOD IN ANY OF THE RECENT HURRICANES, all concrete block construction, with recent upgrades including a new roof, A/C, hurricane impact windows and doors, and a generator with multiple backups of propane tanks, ensuring peace of mind and security during storms. Additional upgrades include a whole home soft water conditioner/water filtration system, renovated kitchen with new quartz countertops, custom cabinetry, Miele stainless steel appliance package, complemented by a breakfast bar and walk-in pantry. New wet bar with a wine chiller and sub zero drink refrigerator/ice maker, making it perfect for hosting guests. Admire the craftsmanship of the solid mahogany built-in in the living room, adding a touch of sophistication to the space. Conveniently located just walking distance from Sarasota Memorial Hospital and Southside Village. Downtown is less than a 1. 5 miles away and a few short miles from Siesta Key, Lido Key, and Longboat Key this residence offers the perfect blend of luxury and convenience. Whether you're seeking a primary residence or a luxurious vacation rental, this is an opportunity to elevate your lifestyle in one of Sarasota's premier neighborhoods. Furniture is negotiable!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,425,000
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 | $1,140,000 | $1,140,000 | $1,140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $1,051 | $1,051 | $1,051 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,584 | $7,300 | $10,088 |
Total Monthly Payment | $8,760 | $8,476 | $11,264 |
* 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.