425 Partridge CIRCLE, Sarasota, FL, 34236 | $1,795,000

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.

Features

  • Amenities: Gated
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 3 full
  • Laundry: Laundry Room
  • Style: Mid-Century Modern
  • Year Built: 1961
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,308
  • Acreage: 0.3
  • Est. Taxes: $18,852
  • HOA Fee: $786 Annually
  • Lot Desc: FloodZone
  • Pool: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Outside Bath Access, Salt Water, Screen Enclosure, Self Cleaning
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4582566
  • Days on Market: 230 days
  • Website: https://www.raveis.com
    /eprop/A4582566/425partridgecircle_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 5/13/2024 6:32:10 PM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

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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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425 Partridge CIRCLE, Sarasota, FL, 34236

$1,795,000

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 $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.