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SARASOTA ACREAGE ~ NEW PRICING ~ A Very Rare 4. 7 Acres (with option to include another 3. 06 acres) ~ A Residential Home/Property with "In-Town" Acreage Offering Privacy and Incredible Natural Beauty. This property features beautiful, mature oak trees and other stunning plantings and landscaping. It offers "as-of-right" development opportunities or the potential to add additional living or storage structures. With approximately 4. 7 acres (204, 732 sq. ft. ) of land, it is located west of Interstate 75. The property did not experience flooding during recent storms, thanks to its natural drainage into a county-maintained slough at the southern boundary.
The home includes a pool and features four bedrooms, two of which are en-suite. Two of the bedrooms have separate outside entrances. There are three bathrooms in total, and an attached guest suite. While the property can be divided, doing so is not necessary. Additional structures can be added as needed.
This prime location is close to Gocio Elementary, The Meadows Country Club, the UTC Retail Center, University Parkway, and Interstate 75, yet far enough away to provide peace and privacy. This is a must-see for anyone seeking in-town privacy with ample living acreage. Please refer to the virtual tour and HD photos. The property is easy to show by appointment, and there is a sign on-site. This property will not last long, so don’t wait!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.235% | 6.058% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,531 | $6,800 | $9,369 |
Total Monthly Payment | $6,656 | $6,925 | $9,494 |
* 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.