5110 Meldon CIRCLE, Sarasota, FL, 34232 | $525,000

Under contract-accepting backup offers. Ideal pool home with NO HOA/NO deed restrictions, attention investors, in the heart of Sarasota! This beautifully designed residence features three bedrooms and two baths, offering a blend of comfort and style. Open-concept living area features a two-sided, painted-brick, wood-burning fireplace, separating the dining and living rooms. The galley kitchen has been recently updated with new appliances, a new kitchen sink, new reverse osmosis drinking water system, and a new garbage disposal. The primary suite is complete with an en-suite bath, while the two additional bedrooms are on the opposite side of the house, sharing a beautifully remodeled bath. Step outside to your private backyard oasis, featuring a built-in pool with a screened pool cage and a new pool pump. The fenced yard provides added privacy, and there's additional parking for an RV or multiple cars. Enjoy peace of mind with hurricane doors and windows, a new well system, and no interior damage from hurricanes Helene or Milton, only some downed trees, according to the owner. A new backyard shed stores the water systems for the pool and the home. Additional upgrades include new interior paint, new shutters, new ceiling fans, new light fixtures and new landscaping. Plus, the home is equipped with a new air conditioning unit that comes with a 10-year warranty. With no deed restrictions and no homeowner’s association, this home offers incredible flexibility for investors and homeowners alike. Ideally located off Fruitville Road, you’ll find convenient access to Interstate 75 and downtown Sarasota, and four miles to University Town Center for shopping, dining and entertainment. Plus, it's only seven miles to St. Armands Circle and eight miles to Lido Key Beach.

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, In Garage
  • Style: Traditional
  • Year Built: 1995
  • Garage: 2-car Garage Door Opener, Garage Faces Side, Ground Level, RV Parking
  • Heating: Central, Electric
  • Cooling: Central Air, Zoned
  • Approx Sq. Feet: 1,575
  • Acreage: 0.4
  • Est. Taxes: $1,870
  • Lot Desc: In County, Landscaped, Level
  • View: Pool
  • Elem. School: Gocio Elementary
  • Middle School: Booker Middle
  • High School: Booker High
  • Pool: Auto Cleaner, Deck, In Ground, Screen Enclosure
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Purifier, Water Softener
  • MLS#: A4627648
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/A4627648/5110meldoncircle_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 11/22/2024 2:43:58 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5110 Meldon CIRCLE, Sarasota, FL, 34232

$525,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
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 7.477% 7.159% 6.296%
Monthly Tax Payment $156 $156 $156
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,794 $2,791 $3,542
Total Monthly Payment $3,042 $3,039 $3,790

* 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.