Pre-Construction. To be built. Experience the pinnacle of modern luxury at 838 Norsota Way, an exquisite estate situated north of Siesta Key, expertly crafted by the renowned M&J Pham Development. Slated for completion in 2025, this masterpiece is located in one of Sarasota’s most sought-after neighborhoods, blending superior craftsmanship with a prime location to embody the quintessential Florida lifestyle.
Spanning 4, 408 square feet, this meticulously designed home features six bedrooms and five and a half bathrooms, ideal for both family living and entertaining. The interior boasts soaring ceilings and expansive windows that fill the space with natural light, creating an inviting and sophisticated atmosphere. Every detail exudes elegance, from custom cabinetry to designer fixtures, showcasing impeccable attention to detail.
The open-concept design seamlessly integrates indoor and outdoor living, featuring a covered outdoor kitchen perfect for alfresco dining and entertaining. Situated on a generous 13, 815-square-foot lot, the property is framed by lush landscaping that enhances its curb appeal and offers ample outdoor space for relaxation and recreation. A spacious three-car garage ensures plenty of storage and convenience for modern living.
Located in one of Sarasota's most prestigious areas, 838 Norsota Way strikes the perfect balance between tranquility and accessibility. Just minutes away are boutique shops, world-class dining, and vibrant cultural attractions. This premier location also offers easy access to the iconic Siesta Key Beach, famous for its powdery white sand and crystal-clear waters, as well as the charming Siesta Key Village with its delightful shops and dining experiences.
Whether you’re seeking the excitement of downtown Sarasota or the serene beauty of the Gulf of Mexico, this property offers unmatched proximity to all the best the area has to offer. Enjoy the perfect blend of luxury, comfort, and convenience in this exceptional home.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,000,000
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 | $4,800,000 | $4,800,000 | $4,800,000 |
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 | $1,198 | $1,198 | $1,198 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,935 | $30,735 | $42,476 |
Total Monthly Payment | $33,258 | $32,058 | $43,799 |
* 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.