1648 Idle LANE, Sarasota, FL, 34231 | $539,000

Ideally tucked away in a quiet, private neighborhood on the mainland in walking distance to #1 Siesta Key beach is this wonderful mid-century ranch home. This well-maintained 2-bedroom 2-bath open-plan residence with large sunroom and 1-car garage is decorated with a coastal motif and is being sold turnkey furnished ready for you as a primary home, vacation home or investment property. It has been rented successfully as both a very profitable short-term rental and annual rental. Approximately 1400 sq ft of air-conditioned space with an additional 232 sq ft laundry/utility room. The very spacious sunroom/Florida room is glass-enclosed & air conditioned with large picture windows bringing in the light and overlooking a serene landscaped garden. The roof was replaced in 2023, newer windows, newer septic tank & lift station, electric service upgrade, polished terrazzo floors throughout, paver brick driveway. Effective year built is 1997. Come see this special home surrounded by multi-million dollar homes and less than a mile from shopping, bars & restaurants in eclectic Gulf Gate Mall, watersports & the beach. Rental information available.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Florida, Ranch
  • Year Built: 1962
  • Garage: 1-car Covered, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,388
  • Acreage: 0.25
  • Est. Taxes: $4,521
  • Lot Desc: Landscaped, Near Public Transit, Street Dead-End
  • View: Garden
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4629256
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/A4629256/1648idlelane_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 12/27/2024 11:06:27 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-383-6411

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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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1648 Idle LANE, Sarasota, FL, 34231

$539,000

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 $431,200 $431,200 $431,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $377 $377 $377
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,978 $2,905 $3,668
Total Monthly Payment $3,447 $3,374 $4,137

* 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.