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2485 S MILMAR DRIVE, Sarasota, FL, 34237 | $1,995,000
Under Construction. Brand new, contemporary residence in Paver Park just east of Downtown Sarasota. Wow, what a great location! Close to everything that makes Sarasota such a great place to live — across from the Legacy Trail; within one mile of Payne Park, downtown and Publix Supermarket; and just one-and-a-half miles to Bayfront Park, Sarasota Memorial Hospital and Southside Village.
This 2, 876-square-foot residence (4, 197 total under roof) provides top-quality construction including concrete block first-floor exterior, standing-seam metal roof, and impact-rated windows and doors — all set on Zone X high elevation.
Inside, refined selections include white oak wood floors, solid-wood cabinets with dovetail joinery and soft-close doors, solid-core interior doors, Moen mixed metal fixtures and a choice of high-end kitchen appliances. The layout includes four bedrooms, a loft, three full baths, a powder room, office, dramatic two-story foyer, and a serene owner’s suite with sliding glass doors to a private lanai, walk-in closet and ensuite bath. The open-concept great room, dining area, and chef’s kitchen spill out to a covered lanai with an outdoor kitchen, creating seamless indoor-outdoor living around the private pool. Additional highlights include a custom TV/fireplace wall with 60-inch multi-color flame electric fireplace flanked by built-in white oak storage cabinets.
Classic, yet timeless. Thoroughly today. A home for loving your Sarasota lifestyle.
Features
- Rooms: 10
- Bedrooms: 4
- Baths: 3 full / 1 half
- Lot Size: 50 x 120
- Laundry: Laundry Room
- Year Built: 1956
- Garage: 2-car Driveway, Garage Door Opener, On Street
- Heating: Electric
- Cooling: Central Air
- Approx Sq. Feet: 2,876
- Acreage: 0.24
- Lot Size: 50 x 120
- Est. Taxes: $5,513
- Lot Desc: Corner Lot, City Lot, Landscaped
- View: Pool
- Elem. School: Alta Vista Elementary
- Middle School: Booker Middle
- High School: Sarasota High
- Pool: Auto Cleaner, In Ground, Lighting, Salt Water
- Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Wine Refrigerator
- MLS#: A4652094
- Days on Market: 1 day
- Website: https://www.raveis.com
/eprop/A4652094/2485smilmardrive_sarasota_fl?source=qrflyer
Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY Phone: 941-364-4000
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2485 S MILMAR DRIVE, Sarasota, FL, 34237
$1,995,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.911% | 6.865% | 6.792% |
| Monthly Tax Payment | $459 | $459 | $459 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,827 | $10,352 | $14,013 |
| Total Monthly Payment | $10,411 | $10,936 | $14,597 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388