640 N Owl DRIVE, Sarasota, FL, 34236 | $3,695,000
Pre-Construction. To be built. Located on the quiet, calm low traffic street of N Owl Dr. on Sarasota's Premier Island address of Bird Key, this oversized lot is ready for the featured modern and beautiful John Cannon designed island home. 3 Bedrooms, 3 Baths, oversized 2 car garage, 2-level Lanai/Pool/heated spa area with 2672 under air and 3536 under roof. The sprawling first floor area includes an expansive Primary wing and West facing main living area overlooking the lanai/pool/spa/deck along with a second bedroom with access to the pool and lanai through glass sliders. The second floor features another bedroom with a bonus room overlooking the main living and pool areas. Other features include a 22' high ceiling in the great room, commercial grade kitchen appliances firepit and cage. Please see the attached Feature Sheet for all details. John Canon Homes has open Model Homes and a state of the art design center locally to customize your design ideas (see attachments). This most exceptional of Sarasota's neighborhoods is a short distance from Sarasota’s bustling downtown, Lido Beach and St. Armand’s Circle. The Bird Key Yacht Club is on the island and members have access to fine dining, private club activities, fitness center, tennis, swimming, and docking for your boat.
See lot only listing at A4567966
Features
- Rooms: 9
- Bedrooms: 3
- Baths: 3 full
- Lot Size: 120 x 108
- Laundry: Laundry Room
- Year Built: 2025
- Garage: 2-car
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 2,672
- Acreage: 0.3
- Lot Size: 120 x 108
- Est. Taxes: $16,052
- HOA Fee: $786 Annually
- Lot Desc: Cleared, FloodZone, City Lot, Level
- Pool: Gunite
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
- MLS#: A4572272
- Days on Market: 613 days
- Website: https://www.raveis.com
/eprop/A4572272/640nowldrive_sarasota_fl?source=qrflyer
Listing courtesy of PREFERRED SHORE Phone: 941-999-1179
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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
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- Is available to meet with you in our office, your home or office, evenings or weekends
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305.922.5393
Pedro.Delgadillo@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
640 N Owl DRIVE, Sarasota, FL, 34236
$3,695,000
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 | $2,956,000 | $2,956,000 | $2,956,000 |
| 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% | 6.727% | 6.560% |
| Monthly Tax Payment | $1,338 | $1,338 | $1,338 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,961 | $18,928 | $25,547 |
| Total Monthly Payment | $19,424 | $20,391 | $27,010 |
* 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.
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