526 N Spoonbill DRIVE, Sarasota, FL, 34236 | $3,400,000

Under contract-accepting backup offers. Discover an extraordinary opportunity to reimagine waterfront living on Bird Key, one of Sarasota’s most coveted neighborhoods. This prime canal-front property boasts 100 feet of waterfront, making it ideal for boating enthusiasts. It can accommodate a 70-foot vessel, and the existing boat lift is designed to handle boats up to 26 feet. With direct access to the bay, it offers the perfect setting for embracing the area’s renowned nautical lifestyle. Located just moments from St. Armands Circle’s vibrant shopping and dining, the pristine sands of Lido Beach, and the cultural attractions of downtown Sarasota, this home blends convenience with prestige. The existing 3-bedroom, 2-bathroom residence spans approximately 2, 762 sq. ft. and has been well maintained by its longtime owners. Featuring an open, sparkling pool with a paver deck, the home is well-suited for outdoor entertaining amid the tranquil waterfront ambiance. While the property will require updates to reach its full potential, it offers a blank canvas to design the personalized retreat of your dreams. Residents have the option to join the exclusive Bird Key Yacht Club, offering premier boating facilities, waterfront dining, fitness amenities, and a vibrant social calendar, further enriching the unparalleled lifestyle of this prestigious community.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Year Built: 1965
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,762
  • Acreage: 0.34
  • Est. Taxes: $9,766
  • HOA Fee: $973 Annually
  • View: Water
  • Elem. School: Southside Elementary
  • Middle School: Pine View School
  • High School: Sarasota High
  • Pool: In Ground, Lighting
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: A4628897
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /eprop/A4628897/526nspoonbilldrive_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 12/18/2024 7:47:07 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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526 N Spoonbill DRIVE, Sarasota, FL, 34236

$3,400,000

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 $2,720,000 $2,720,000 $2,720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment $814 $814 $814
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,642 $17,192 $23,694
Total Monthly Payment $18,581 $18,131 $24,633

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.