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One or more photo(s) has been virtually staged. NEW CONSTRUCTION
This one-of-a-kind, 4 or 5 bedroom; 5 1/2 bath, home with GUEST OR IN-LAW SUITE is located on a spacious cul de sac lot in the heart of Sarasota County on Coquina Island, offering modern luxury and timeless design. Situated just minutes from Siesta Key Beach, top-tier shopping, dining, Sarasota Memorial Hospital, Selby Gardens, and downtown Sarasota’s Marina Jack’s, this home combines prime location with elegant living.
Key features include 4/5 Bedrooms | 5. 5 Bathrooms, 38' Wide Polyaspartic Garage with high ceilings (fits multiple car lifts), 13' High Ceilings in the great room. A gourmet kitchen with sleek appliances, large island, induction cooktop and hood, double convection wall ovens, coffee bar, and an expansive walk-in pantry with room for a second full refrigerator. Spacious Master Suite with walk-out lanai, his and hers walk-in closets with custom shelving, and ensuite luxury bath. The private outdoor spaces including multiple decks and a large paver lanai overlooking the Pebble-Tec heated saltwater pool with a spillover spa. Visitors coming? A separate suite above the garage with a full kitchen, bath, bedroom, laundry, and balcony—perfect for guests, inlaws, private office, or rec room. This entire home is energy efficient with Icynene insulation, soundproofed walls & ceilings, and potential for solar power. Interior highlights include high-end finishes and custom-built open staircases; wood and tile floors throughout; floor-to-ceiling windows that flood the home with natural light. It has fully structured wiring for sound and security cameras; 19 music speakers & 8 outdoor cameras surrounding the property. Large laundry room with custom cabinetry, laundry sink, and hanging rod. Enjoy the outdoor oasis with a heated saltwater pool & spa with a spillover waterfall; automatic floor clean system. Entertain at the outdoor kitchen featuring marine-grade cabinets and a granite composite sink. Professionally designed tropical gardens with a private well for the sprinkler system. LED lit front circle paver driveway adds striking curb appeal to the front, and a separate paver side driveway to the garage. The home has been specifically designed for its location and offers incredible potential for a variety of uses—whether as your dream family home or a unique investment opportunity. Home sits outside of the 500 year flood zone - survey available. Motivated Sellers willing and able to work with buyers to accommodate specific wishes & needs to make this very special property a home to enjoy!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,895,000
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 | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
Monthly Tax Payment | $276 | $276 | $276 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,449 | $14,830 | $20,016 |
Total Monthly Payment | $14,850 | $15,231 | $20,417 |
* 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.