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Presenting: a RARE and UNIQUE opportunity in the heart of BEAUTIFUL Sarasota!!
** NOTE: Must be purchased together with two other lots: MLS#s A4637360 AND A4637407 for a total of 3 connected buildable lots (total asking price for all three is $1. 5M) -- a developer’s dream to build 3 homes OR Custom build your own beautiful home on nearly a Half Acre! Very few vacant buildable lots left! This neighborhood has no HOA and you have plenty of room here to include a swimming pool and/or build a guest house ensuring privacy and space. The possibilities are ENDLESS! Electricity and water are ready to hook up. This lot is close proximity to bustling Downtown Sarasota. . . boasting a fantastic nightlife and bayfront where you can enjoy everything from world class dining, movies, dancing, music, and the Farmer's Market every Saturday! Just beyond that to the West you have shopping and fine dining options on St. Armands Circle and then out to Lido Key for beautiful sunsets or a nice stroll on the beach. To the North you have Longboat Key and Anna Maria Island. Or head just a little to the South and enjoy the WORLD-FAMOUS SIESTA KEY!! Only 5 blocks from Publix, 5 blocks to Payne Park (dog park/playground/skatepark/running trail), and 1. 2 miles to the Sarasota Bayfront aka Island Park and Marina Jack's. . . Add Island Park and Ringling Bridge to your exercise routine as it offers a walking path all along the bayfront. Marina Jack's is a full-service marina offering boat and jet ski rentals as well as fishing/diving charters and large boat dockage (fees apply) with electricity and water available. Marina Jacks Restaurant offers fine dining with a breathtaking waterfront view. Other areas of interest: Only 2 blocks to the Legacy Hike/Bike Trail, 1. 3 miles to Sarasota Memorial Hospital and Southside Village which offers even more shopping and several fine boutique style dining options as well as Morton's Gourmet Market. If you head North 5. 6 miles you will find the beautiful Ringling Museum and the historic "Ca d'zan" Mansion open to the public as well as the SRQ International Airport. To the East about 8. 7 miles, you will find our new mall at University Town Center (UTC) with more restaurants and shopping than you can ever imagine! To enjoy the beaches you will head West 4. 9 miles Lido Beach or South 6. 9 miles to Siesta Key Beach. And if you like theme parks, you'll find Busch Gardens approx. 50 miles away, Disney and Universal Studios, SeaWorld and MORE approx. 100 miles away! Come experience the Florida lifestyle this premium location offers in the beautiful town of Sarasota!
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:
$500,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,495 | $2,628 | $3,348 |
Total Monthly Payment | $2,587 | $2,720 | $3,440 |
* 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.