Have you been dreaming of a charmed life West of the Trail without the multi-million-dollar price tag that often comes with it? This fantastic property in historic & ideally located McClellan Park is the prime opportunity you have been waiting for! Spacious and well laid out inside plus an amazing amount of pristine outdoor space on a 1/3-acre lot, it is the perfect combination for comfortable living. McClellan Park is known for its meandering streets, lovely mix of historic and newer homes, and excellent walking-distance proximity to the shops of Southside Village, Sarasota Memorial Hospital, and desirable Southside Elementary. This property features an idyllic & extremely private salt-water pool with spotless turf & a pretty walled perimeter, loads of storage space (a rarity in a 1960s home!), plus a separate detached 2-car garage that makes space for 4 (yes, you read that right!) vehicles total. Both garages are air conditioned so they also can be easily used as a home gym, art studio, workshop or whatever other kind of space your heart & lifestyle desires! The tropical landscaping is immaculate and easy to maintain, making it a perfect lock & leave seasonal or vacation home, and there is a huge covered patio and second fenced yard to enjoy in addition to the outdoor space surrounding the pool. The property also features impact windows & doors, a brand new pool pump (2024), a Kinetico water purification system, sleek epoxy garage floors, and many other updates completed in the past few years. Existing structure had slight water damage and has been remediated, so the choice is yours whether to repair and live in the existing home or build new! This rare location simply cannot be beat – you are truly in the center of it all but with a quiet neighborhood feel – and it is mere minutes to vibrant downtown Sarasota, the renown sands of Siesta Key, and the shopping destination of St. Armands Circle. Everything will be at your fingertips here in marvelous McClellan Park, where your new life awaits…
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$1,450,000
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 | $1,160,000 | $1,160,000 | $1,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $1,373 | $1,373 | $1,373 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,048 | $7,332 | $10,025 |
Total Monthly Payment | $8,546 | $8,830 | $11,523 |
* 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.