Wonderfully updated, 3 bed two bath pool home in Indian Beach. You can move right in to this recently renovated split plan since the work has already been done. A large circle drive welcomes you to this private corner parcel with room for additional growth. Inside, from the entry foyer you will see plank ceramic tile throughout this very open floor plan. The living room is anchored by a wood burning fireplace and French doors opening to the covered porch, lanai, and saltwater pool. A separate dining area also has French doors bringing in abundant light and an adjacent kitchen with stone counters and stainless-steel appliances. The crowning achievement of this renovation is the primary bedroom suite with a luxurious glass shower, dual vanities and walk in closet. This space is very private and could be comfortable respite from guests or housemates. The additional two bedrooms share a bath with a tub for those who prefer a soak. The saltwater pool is large enough for laps and beyond you’ll find the side yard with additional driveway parking. There is a whole house water conditioner, on demand water heater, new sewer lines, and many newer appliances. The roof and AC system are within 7 years old as are other primary features. The interior has been recently painted, and the newer landscaping has been professionally installed and contains an irrigation system. The City of Sarasota has manageable rental ordinances which might create lucrative income opportunities should you choose to invest. The location is key for those who know Sarasota. Indian Beach, which contains some of the most progressive urban planning from the early 20th century is nestled amidst Sarasota's most significant cultural & educational institutions like the Ringling College of Art and Design, The John & Mable Ringling Museum of Art, the Asolo Theater for the Performing Arts, the Sarasota Ballet and more. Live here and you are only 2 miles north of downtown Sarasota, a 12-minute drive to St. Armands Circle and the beaches of Lido and Longboat Key and an equal distance to University Parkway anchored on the west by SRQ International Airport and the UTC shopping district and I75 on the east.
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Our Executive Mortgage Banker:
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$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,720 | $3,717 | $4,716 |
Total Monthly Payment | $4,262 | $4,259 | $5,258 |
* 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.