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This is a must see updated home in sought after Gulf Gate! This 3 bedroom plus bonus room, 2 bath home, 2 car garage pool+spa home is on one of the largest lots in the neighborhood. This updated home is designed for comfort, functionality, and style. BRAND NEW ROOF AND GUTTERS, NEW EXPANSIVE POOL CAGE AND LANAI ALL IN 2025. Inside you will find a spacious split floor plan, living/dining combination plus a den that steps out to the large lanai/pool area. Notice the tastefully updated kitchen and bath, light fixtures, and fans. The primary bedroom boasts an en suite bath with two closets and is a retreat of it’s own with French doors leading to the heated pool and spa. Step outside to the expansive and brand new (2025) architecturally designed screened-in pool and lanai area while you entertain or relax enjoying the privacy of this lot as the lot is very private and set back from neighbors. This is the perfect setting for alfresco dining and entertaining. Marvel at the updated kitchen with quartz counters, well chosen back splash, a new range in 2025, solid wood custom cabinets and dual pantry cabinets. Entertain effortlessly in this well thought out layout. This split plan home has been beautifully updated. Barn doors provide privacy for guests. Two spacious guest bedrooms one with a Murphy bed! share an updated bathroom with marble counters and ample closet space. The pool is heated with electric and spa heated with propane. Many windows impact rated. New AC 2020 and home has been replumbed. Large indoor laundry. This home is move in ready. Gulf Gate is deed restricted, streetlights and sidewalks throughout. Walk or bike to the Gulf Gate Library. Only 1. 75 miles from the pristine sand of Siesta Key Beach. Enjoy the Gulf Gate Village with numerous shops and restaurants and only 20 minute ride to downtown Sarasota with the arts and culture of downtown. For bicyclists, the Legacy Trail is nearby and central to enjoy biking to Venice or Downtown Sarasota. A rated schools with Gulf Gate Elementary and Riverview High district. Don’t miss this exceptional opportunity and schedule your showing today!
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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 | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $405 | $405 | $405 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,282 | $3,411 | $4,346 |
Total Monthly Payment | $3,779 | $3,908 | $4,843 |
* 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.