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One or more photo(s) has been virtually staged. Auction Property. AUCTION! Sold free and clear of all liens. Listing price is the opening bid. Auction held live on site at the house SAT MAY 17th at 11am. Introducing a rare opportunity to own a brand-new, custom-built estate in one of Sarasota’s most sought-after neighborhoods—Harbor Acres. Just minutes from downtown and the sparkling shores of Sarasota Bay, this architectural masterpiece blends modern sophistication with timeless coastal elegance. Situated on an oversized lot in a prime location west of the trail, this 6-bedroom 6. 5-bathroom residence offers over 4, 700 square feet of refined living space, thoughtfully designed with top-tier finishes, smart home technology, and seamless indoor-outdoor living. A grand entry welcomes you with soaring ceilings and floor-to-ceiling windows brimming with natural light. The open-concept living and dining areas flow effortlessly into the gourmet kitchen, equipped with Dacor appliances and gorgeous custom cabinetry. Dual primary suites on each floor feature a large walk-in closet and a sanctuary of comfort with a spa-inspired bathroom, and private terrace access. Step outside to a resort-style oasis—complete with a saltwater pool, spa, outdoor kitchen, expansive covered lanai, and a pool house that can serve as a hidden hideaway in a completely private setting—all framed by lush, professionally designed landscaping. This home also features a private office, media room, and a three-car garage with EV charging capability. The home is constructed nearly two feet above flood zone requirements. " There is ample storage, a large laundry room and an elevator shaft. Located in the heart of Sarasota’s cultural and coastal lifestyle, this exceptional residence is walking distance to Southside Village, Sarasota Memorial Hospital, and just minutes to Siesta Key, Lido Beach, and the vibrant arts and dining of downtown Sarasota.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,000,000
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 | $3,200,000 | $3,200,000 | $3,200,000 |
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% | 6.739% | 6.581% |
Monthly Tax Payment | $1,580 | $1,580 | $1,580 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,444 | $20,490 | $27,656 |
Total Monthly Payment | $21,149 | $22,195 | $29,361 |
* 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.