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Pre-Construction. To be built. Under Construction – Estimated Completion March 2026 | MLS#A4653138 | REPRESENTATIVE PHOTOS ADDED
Welcome to The Sunset Cove – a beautifully designed 3-bedroom, 2. 5-bath home featuring a spacious open-concept layout in Gracewater at Sarasota, a new gated community just west of I-75.
This single-story home offers effortless flow and thoughtful finishes throughout. Located in Flood Zone X, Gracewater sits at one of Sarasota County’s highest elevations – approximately 40 feet above sea level – and features hurricane impact windows and sliders for added peace of mind.
Located only 3 miles from downtown Sarasota, Gracewater offers convenient access to the city’s best beaches, dining, and attractions.
Enjoy luxury living with high-end included features such as 10-foot ceilings, quartz countertops, 8-foot interior doors, impact-rated garage doors, natural gas appliances, and a tankless hot water heater. Arrive home to palm-lined streets, scenic lake fountains, and a paver driveway leading to your new retreat.
Residents have exclusive access to the Pura Vida Club, offering a state-of-the-art fitness center, resort-style zero-entry pool with cabanas, pickleball courts, and a full calendar of events curated by a full-time lifestyle manager.
Live where lifestyle meets luxury – at Gracewater at Sarasota.
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:
$994,995
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $795,996 | $795,996 | $795,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.852% | 6.686% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,901 | $5,163 | $6,934 |
Total Monthly Payment | $5,337 | $5,599 | $7,370 |
* 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.