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Unbelievable Opportunity: Your Dream Home Awaits! Welcome to a rare gem in the heart of Sarasota! This 3-bedroom, 3-bathroom single-family home is an incredible opportunity that you simply do not want to miss. Just a leisurely stroll away from the number one-rated beach in the U. S. and the fourth in the world, this home offers both a prime location and with the opportunity to earn some income. Upon entering, you'll be greeted by a warm and inviting atmosphere, perfect for both relaxation and entertaining. The cozy cottage like living areas, make you feel like you are at the beach. Step outside to your private oasis – a beautifully fenced yard complemented by a sparkling heated pool, ideal for those sunny Florida days and perfect for gatherings with family and friends. This property has not only been a beloved family retreat but has also served as a highly successful income-producing property on VRBO and Airbnb, making it a savvy investment for those looking to capitalize on the thriving vacation rental market. For those seeking a primary or secondary residence, this home perfectly balances comfort and convenience. Its central location means you're just minutes away from the best that Sarasota has to provide – trendy downtown shopping, exquisite dining, lush parks, and the picturesque Legacy Trail, making every day an adventure. Don’t miss out on this extraordinary opportunity! Whether you're looking for an investment or a personal sanctuary, this home has it all. Schedule your showing today and take the first step towards making this dream home your reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $543 | $543 | $543 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,413 | $3,589 | $4,520 |
Total Monthly Payment | $4,048 | $4,224 | $5,155 |
* 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.