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Under contract-accepting backup offers. INVESTOR SPECIAL. Welcome to The Landings—one of Sarasota’s most sought-after gated communities, ideally located west of the trail, just minutes from vibrant downtown, world-renowned beaches, and top-rated schools. This property presents a rare opportunity to reimagine and renovate a home in a neighborhood celebrated for its charm, natural beauty, and enduring appeal. Set within a lush, serene environment of grand oaks and pines, this residence is ready for a full gut renovation and is priced accordingly—offering exceptional value when compared to recently updated resale comps in the area. Whether you're an investor, builder, or buyer with vision, this is your chance to create a one-of-a-kind home in an exceptional Sarasota location. The Landings is a deed-restricted, gated enclave featuring an eclectic mix of architectural styles—from Key West and Mediterranean to Treehouses and Traditional estates. Residents enjoy exclusive access to the Landings Racquet Club, offering premium tennis courts, a modern fitness center, a heated pool, and a robust schedule of recreational and social activities. The community’s winding roads, shaded by mature canopy trees, meander past scenic lakes, parks, and nature trails, leading to private access to Roberts Bay. It’s an idyllic setting for quiet observation, photography, and reflection—perfect for those who appreciate the peaceful rhythm of nature. Friends and neighbors frequently meet while strolling, biking, running, or power-walking along the tree-lined streets. The Landings is home to a vibrant, welcoming mix of families, professionals, retirees, and snowbirds—many of whom are active volunteers and contributors to Sarasota’s thriving community. Don’t miss this rare opportunity to restore and customize a home in one of Sarasota’s most beloved and beautifully preserved neighborhoods.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,200 | $279,200 | $279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $180 | $180 | $180 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,765 | $1,834 | $2,337 |
Total Monthly Payment | $2,020 | $2,089 | $2,592 |
* 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.