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Discover this stunning 4-bedroom, 3-bathroom Neal Built home with a bonus room, offering nearly 3, 000 square feet of luxurious living space in the exclusive gated community of University Place. The chef-inspired kitchen boasts ample counter space, a large center island, stainless steel appliances, and a pass-through perfect for entertaining guests in the formal dining room. The spacious primary suite features a sitting area, dual closets, and an elegant bathroom with separate vanities, a soaking tub, and a separate shower.
Enjoy soaring 12-foot ceilings with crown molding, gorgeous 20-inch diagonal tile, and beautifully updated engineered hardwood floors throughout. The roof is only 1 year old, and the AC was replaced in 2020. The expansive lanai and private pool area provide an ideal setting for outdoor relaxation and entertaining.
Bedrooms 2 & 3 share a bathroom with a convenient pocket door for added privacy, while Bedroom 4, located at the rear of the home, shares a bath with the bonus room/office space and doubles as a pool bath.
University Place offers incredible amenities, including an on-site fitness center, two outdoor kitchens with natural gas grills, and scenic walking trails around serene lakes with lit fountains. Charleston-inspired street lamps and flower baskets add to the charm of this well-maintained community.
Location could not be any better! Situated in the heart of Sarasota/Bradenton, this home provides quick access to the world-renowned Siesta Key Beach, premier shopping and dining at UTC Mall, and top-rated golf courses, tennis, and pickleball facilities. Experience the ultimate in Florida living with this executive-style home in one of the area’s most coveted gated communities. Don’t miss this rare opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,900
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 | $679,920 | $679,920 | $679,920 |
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 | $851 | $851 | $851 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,242 | $4,354 | $5,876 |
Total Monthly Payment | $5,185 | $5,297 | $6,819 |
* 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.