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The Enclave, a small 4 unit owners exclusive Association in Wild Oak Bay that offers land owned properties with amazing panoramic views of Sarasota Bay. This home features 2 bedrooms, office, 2 1/2 baths, kitchen, living room, dining room, oversized 2 car garage, large bonus room, your own personal elevator, outside upper deck with Trex flooring and aircraft cable railing, and a large lower wrap around deck on the first floor. All this while being nestled in one of the most enchanting Caribbean- like settings. Wild Oak Bay has been known for an array of wildlife viewing from the majestic American Bald Eagle, pink spoonbills, herons, pelicans, osprey, sea otters, turtles, dolphins and so much more. Your own personal paradise. This home features a large open floor plan with panoramic view of the bay, Vaulted ceilings, wood floors throughout, nicely updated kitchen with stainless appliances including a built-in sub-zero refrigerator. Beautiful wood cabinets with granite countertops and backsplash and large island with extended counter seating. The living room has vaulted ceilings with a wood burning stone faced fireplace, wet bar and wine refrigerator. If you need a bit more room there is a large bonus room on the first floor perfect to add as a fitness room or craft room or work shop with its own air conditioner and 3 ceiling fans for preferred climate control, but there is more. . . . Hurricane windows and doors through-out including hurricane garage door, plantation shutters, suspended Bose speaker system, master bath has a personal whirlpool tub, dual sinks and separate shower and so much more! with only 2 units like this you can see how special it is. Located close to IMG semi-private Golf and Country Club. Only 8 easy miles from the beautiful Anna Maria beaches or the shopping, restaurants and cultural arts of downtown Sarasota.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.907% | 6.610% | 6.535% |
Monthly Tax Payment | $654 | $654 | $654 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,399 | $6,568 | $8,981 |
Total Monthly Payment | $7,178 | $7,347 | $9,760 |
* 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.