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!
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William Raveis Real Estate
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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 | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $403 | $403 | $403 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,507 | $5,578 | $7,551 |
Total Monthly Payment | $6,035 | $6,106 | $8,079 |
* 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.