5562 RAIN LILY COURT, Sarasota, FL, 34238 | $899,000

OPPORTUNITY To Own the Popular MARTIN RAY model on One of the BEST WATER FRONT Lots in Hammock Preserve! This Gorgeous Home Features: 3 Bedrooms, 2 Baths, Den w/Crown Molding, Tile Flooring and Double Privacy Doors; Beautiful Master Suite w/Long Lake Views, Coffered Ceilings w/Crown Molding, Plantation Shutters, Huge Walk-in Closet w/Closet Built-ins, Master Bath w/Walk-in Shower and Tile Bench, Double Vanity w/Granite Stone Counters; 2 Nice Split Plan Guest Bedrooms, Hall Bath w/Tub and Granite Counter, Huge Laundry Room w/Extra Cabinetry and Laundry Sink, Large Kitchen w/Huge Granite Stone Island, Upgraded Designer Solid Wood Cabinetry w/Roll-outs, Gorgeous Tile Back Splash, Stainless Steel Range w/Gas Cooking, Microwave, Elevated Dishwasher, Refrigerator, Writing Desk Nook, Coffee Bar, Large Walk-in Pantry, Plantation Shutters and Crown Molding; Good Sized Dining Room w/Crown Molding, Great Room Living Room w/Coffered Ceiling and Crown Molding, Tile Flooring, Pocket Slider to Covered Lanai, View of the AWESOME Heated Salt Water Pool w/WATERFALL and STUNNING LONG VIEWS OF THE LAKE, Covered Lanai w/Fabulous Out Door Kitchen w/Stainless Grill, Refreshment Refrigerator, Sink, Built-in Hood Vent and Matching Pool Deck Pavers; Extended Caged Pool w/Waterfall, Upgraded Accordion Hurricane Shutters on Window Openings and a $10, 000 Commercial Grade Electric Roll Down Hurricane Shade for the Lanai Opening plus Extra Wide Lot for Privacy. The Community Features: British West Indies Resort Style Clubhouse w/Huge Heated Aqua Color Pool Overlooking a Bird Nature Preserve, Large Hot Tub, Fantastic Gym, Locker Rooms, Pickle-ball Court, Tennis Courts, Fire Pit, BBQ Station, Club Party Room w/Kitchen, Out Door Party Bar, and Nature Trails w/Open Spaces; Secure Gated Community, NO CDD FEES, LOW HOW fees, Maintenance Free Lawn Care and Irrigation, Convenient Location to Palmer Ranch Shopping, Costco, Restaurants, Freeway Access and Close to our Lovely Beaches! NO STORM DAMAGE TO THIS HOME!!! Wow!!! This Home is being Sold with Furniture!

Features

  • Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Pickleball Court(s), Playground, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room, Washer Hookup
  • Style: Florida, Traditional
  • Year Built: 2017
  • Garage: 2-car Covered, Driveway, Garage Door Opener
  • Heating: Central, Electric, Exhaust Fan
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 2,110
  • Acreage: 0.23
  • Est. Taxes: $7,762
  • HOA Fee: $1,337 Quarterly
  • Lot Desc: In County, Landscaped, Level, Sidewalk
  • View: Pool, Water
  • Elem. School: Laurel Nokomis Elementary
  • Middle School: Sarasota Middle
  • High School: Venice Senior High
  • Pool: Above Ground, Gunite, Heated, In Ground, Salt Water
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4645216
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4645216/5562rainlilycourt_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/24/2025 8:47:12 AM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-954-5454

William Raveis Family of Services

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5562 RAIN LILY COURT, Sarasota, FL, 34238

$899,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $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% 6.540%
Monthly Tax Payment $647 $647 $647
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,370 $4,605 $6,216
Total Monthly Payment $5,109 $5,344 $6,955

* 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.