Under contract-accepting backup offers. **Exciting News! The zoning and flood elevation regulations for this property have been updated (as of 3/27/2024), offering even more potential for buyers. The base flood elevation (BFE) has been lowered according to the county, meaning the property is now exempt from certain restrictions. This allows for renovations and enhancements without previous limitations. Additionally, a flood elevation certificate was completed in February 2024, providing further assurance. **
425 Partridge Circle, situated in the highly sought-after Bird Key neighborhood, presents an exceptional opportunity. This Mid-century Modern home offers:
~Open floor plan with a cozy coral-mantled wood burning/gas fireplace in the living and dining area
~Split plan featuring a private 2nd-floor guest suite
~Main floor primary suite with a spacious bathroom and private outdoor shower
~Saltwater heated pool, tranquil waterfall, and spa by Lucas Lagoons
~Screened-in pool area with an outdoor kitchen—a perfect oasis for gatherings and al fresco dining
~Perfect Bird Key location with a circular drive on a quiet road
~Lot with mature trees and lush tropical plantings
~15 minutes to Sarasota Airport
~10 minutes to vibrant downtown Sarasota
~5 minutes to Lido Beach
~Bird Key Yacht Club (accepting memberships)~
Don't miss out on this standout opportunity in Sarasota. Bring your design plans or new home plans! Act now and grab the opportunity to enjoy life on Bird Key.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $1,571 | $1,571 | $1,571 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,796 | $9,434 | $12,807 |
Total Monthly Payment | $11,492 | $11,130 | $14,503 |
* 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.