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This charming Sarasota residence built 3 years ago in the gated community of Hammock Place offers meticulously designed living space on a single floor. The home features three bedrooms, including a spacious primary suite and two well-appointed bathrooms. The upgraded kitchen is a highlight, showcasing crisp white (soft closure) cabinetry, GE Profile stainless steel appliances, granite countertops, a striking marble backsplash and bar seating at the island. The dining area exudes elegance with a crystal chandelier creating a unique ambiance. Luxury vinyl floors run throughout, complementing the light airy feel of the rooms. Large windows in the living area and bedrooms allow ample natural light and offer views of the surrounding greenery. The bathrooms feature contemporary fixtures and marble inspired tiling. This home seamlessly blends an open floor plan for comfort and style, with thoughtful details like ceiling fans and recessed lighting enhancing its appeal. In addition, other features that this exceptional quality home offers are high ceilings (9'5"), ICF's insulated concrete walls, hurricane rated impact glass windows and doors, 2 car garage with cabinet storage space and an extra refrigerator. Hammock Place is a gated and deed restricted community of 40 homes conveniently located near Bobby Jones Golf Course, Sarasota Lawn Bowling Club, Nathan Benderson Park, University Parkway for local dining, shopping, UTC Mall, healthcare facilities, SRQ airport, downtown Sarasota, Lakewood Ranch Main Street, our famous beautiful white sand Gulf Beaches (Lido 8mi & Siesta Key 11mi), Ringling Museum and many other attractions nearby. Schedule your private showing today, you won't be disappointed!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $383,600 | $383,600 | $383,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.154% | 6.248% |
Monthly Tax Payment | $379 | $379 | $379 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,550 | $3,235 |
Total Monthly Payment | $2,879 | $3,004 | $3,689 |
* 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.