A blend of waterfront living and downtown style at The Strand of Sarasota. An open living floor plan, a spacious gourmet kitchen and views of the water make this a great place to call home. The Strand of Sarasota, built in 2022 is a gated waterfront community with deeded underbuilding parking near Sarasota's vibrant downtown. The community offers resort style amenities with heated pool and spa, pet friendly with a dog park, kayak launch and storage, fitness center, fire pit, gas grills and boardwalk. A sleek modern exterior, tile floors throughout and a quiet spacious interior with 1 bedroom plus a study ideal and currently used as a 2nd bedroom and 2 bathrooms, ample storage and laundry room and 9 ft. hurricane rated sliding doors opening onto an oversized private balcony off the living area. An absolute perfect spot to watch the sunset over Sarasota Bay. The kitchen features modern cabinetry and stainless appliances, quartz countertops and an enormous island for cooking and entertaining. West of the Trail just steps to downtown Sarasota with easy access to St. Armand Circle. Perfect for a second home, year round living or rental investment. Waterfront living at it's finest! Seller says bring all offers! Owner has BOAT SLIP AVAILABLE WITH NEW 16, 000 LB LIFT that accommodates up to 34 ft. boat.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,000,000
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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.444% | 6.748% | 7.366% |
Monthly Tax Payment | $540 | $540 | $540 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,255 | $5,122 | $7,079 |
Total Monthly Payment | $5,887 | $5,662 | $7,619 |
* 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.