875 Indian Beach DRIVE, Sarasota, FL, 34234 | $997,000

Nestled in picturesque neighborhood of Indian Beach with old oak trees and mature, lush landscaping you will find this beautiful two-story home. The main house features 3 bedrooms, 2. 5 bathrooms, a hybrid office/art studio space and a kitchen complete with a professional grade Southbend 6-burner gas range. The expansive great room, with its 12' ceiling, gas fireplace, and floor-to-ceiling french doors opens out to a charming private courtyard, ideal for both cozy nights in or entertaining in style. Upstairs, 2 bedrooms frame a second living space while the master suite with a private balcony, entered off of a short stairway, offers a tranquil retreat from the rest of the home. A 2007 addition includes a two-car garage, and a charming studio apartment complete with a full bathroom - ideal for multigenerational living or as a guest suite. With its seamless indoor-outdoor flow, and variety of living space this unique home offers both privacy and a connection to the rich history of Sarasota. The Indian Beach neighborhood, platted in the Ringling era, showcases some of the most progressive urban planning from the early 20th century, featuring a mix of historic homes and modern construction including a magante grade school. Indian Beach and its sister neighborhood to the north, Sapphire Shores, form a gateway to Sarasota's most significant cultural and educational institutions such as The John & Mable Ringling Museum of Art, the Asolo Theater for performing Arts and the Ringling College of Art and Design. Just to the west of the home, Indian Beach Drive opens up to Sarasota bay and includes a charming park perfect for sunset viewing. Situated just minutes from downtown Sarasota and the Bay Park Conservancy waterfront public park, this home is an ideal location for nature and art lovers. Convenient to St. Armands Circle the beaches of Lido and Longboat Key, the airport, and University Parkway, this area is an ideal location. Don't miss your opportunity to live in this unique environment where nature, culture, and convenience meet!

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 114 x 59 x 110 x 59
  • Laundry: Inside, Laundry Room
  • Year Built: 1925
  • Garage: 2-car Garage Door Opener
  • Heating: Central, Wall Units / Window Unit
  • Cooling: Central Air
  • Approx Sq. Feet: 2,861
  • Acreage: 0.16
  • Lot Size: 114 x 59 x 110 x 59
  • Est. Taxes: $4,831
  • Lot Desc: FloodZone, City Lot
  • View: Trees/Woods
  • Elem. School: Emma E. Booker Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4622362
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /eprop/A4622362/875indianbeachdrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/26/2024 10:47:07 PM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-951-6660

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

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@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

875 Indian Beach DRIVE, Sarasota, FL, 34234

$997,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $797,600 $797,600 $797,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $403 $403 $403
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,173 $5,107 $7,058
Total Monthly Payment $5,668 $5,602 $7,553

* 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.