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One or more photo(s) has been virtually staged. Located in popular and convenient South Gate, this home is anything but typical! Elevated and surrounded by gorgeous nature, it has the feel of a luxurious tropical treehouse. From the large lot on a quiet & private street to the huge deck at the front door, you will appreciate the cool style as soon as you pull up…this property is unique and beautiful and nestled into its surroundings in a way that you don’t often see. Phillippi Creek winds around the edge of the lot and you’ll often spot egrets, wood storks, blue heron, and even roseate spoonbills wading there, plus bald eagles and owls are known to nest nearby – it is truly a nature-lover’s paradise! Also, the creek is ideal for kayaking and you can launch right from the property and paddle all the way to in intercoastal if you like. The first floor features a spacious 2-car garage and loads of storage, with all living space located safely high above on the second and third stories. Soaring ceilings and a beautifully updated & chic kitchen define the main living area, with an elegant bath and the two nicely-sized bedrooms located on the same level. The property is offered furnished for your ultimate ease and convenience. You’ll adore the large screened deck with grill & gas fire pit too! Tucked into the treetops, this outdoor living space is infinitely enjoyable. Ascend to the main bedroom suite, where you will be absolutely wowed by the spaciousness and fantastic high ceilings! There is plenty of room for a sitting area, desk, or even a yoga or meditation spot so you can create a true retreat. The updated bath features a freestanding tub and shower with space for two, and the large walk-in closet has ample space and is already customized! The laundry is conveniently located upstairs in a second closet, and there is also a second fabulous screen porch to enjoy. Many smart home features make for easy living: Lutron lighting throughout, in-ceiling speakers, Arlo camera system, and an August automated front door lock. This entire home is perfectly updated and ready to enjoy and you will also be thrilled with the location: easily drive or bike to Siesta Key Beach or downtown, or hop on the nearby Legacy Trail! 10 minutes or less will get you most places, which is a rarity in Sarasota. Your tropical paradise treehouse awaits…come take a look at this unique and dazzling property today!
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $567 | $567 | $567 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,605 | $6,216 |
Total Monthly Payment | $5,029 | $5,264 | $6,875 |
* 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.