Welcome to Sapphire Shores, where timeless charm meets modern living in this Mid-Century Modern work of art located within the prestigious Indian Beach – Sapphire Shores Neighborhood in the notable Ringling Museum District. Immerse yourself in the rich history of this bayfront community, characterized by its eclectic charm and Old Florida ambiance. Constructed in 1956, this Mid-Century gem is a testament to unique architectural design, crafted by the renowned Hawaiian Architect, Hart Wood. Step into a world of warmth, highlighted by honey-toned wood, beamed vaulted ceilings, and expansive floor-to-ceiling windows that seamlessly connect the interior with the outdoors. Throughout most of the home, vintage elegance is showcased with stunning terrazzo flooring. This distinctive residence boasts 3 bedrooms, 2 full baths, 1 half bath, as well as an outdoor pool shower. The third bedroom doubles as a versatile office with a convenient Murphy bed. Modern amenities abound in the kitchen, featuring honey-toned wood cabinetry, granite countertops, and a unique pop-up station. Escape to the updated Master Bedroom adorned with wood flooring and plantation shutters, complemented by a renovated Master Bath in 2013. You’ll enjoy year-round comfort with the 2020 American Standard 20 Seer HVAC system, while double-pane, insulated windows replaced in 2012 and permanent accordion Hurricane Shutters provide peace of mind. Step outside to a private fenced-in backyard surrounded by mature tropical landscaping, accentuated by landscape lighting and a well-fed irrigation system. Relax by the saltwater pool, complete with a newer pump, new heater and electric cover. Take advantage of the proximity (1000 feet) to Sapphire Shores Park, where breathtaking sunsets, leisurely strolls along the walking path, kayaking, fishing, and quality time with your furry friend await. Smaller visitors can play on swings on the playground or rest on a bench while looking for dolphins and manatees. Residents of Sapphire Shores enjoy the freedom of no HOA or CDD fee, and with the newly rated “X” flood zone, additional savings on your insurance costs. Embrace the opportunity to be part of this thriving neighborhood with a voluntary membership for the Indian Beach – Sapphire Shores Neighborhood which fosters a strong sense of community spirit. An abundance of cultural amenities include Sarasota's premier arts organizations: the Ringling Museum, Asolo Theatre, Sarasota Ballet, and Jungle Gardens, all within walking distance. Within three miles is Sarasota Orchestra, the Van Wezel Performing Art Center and downtown Sarasota. Beautiful St. Armand's Circle and Lido Beach are within 6 miles and you will be 5 minutes to Sarasota Airport. Nestled within beautiful tree canopy streets, Indian Beach-Sapphire Shores, an historic and quiet Sarasota neighborhood, contains an eclectic mix of beautiful homes. Architectural styles ranging from 1920s Mediterranean Revival to 1950s ranches, and the famous local modern vernacular of the Sarasota School of Architecture. Make this exceptional community your next Home Sweet Home! ***Be Sure to check out the Matterport 3-D Tour, which lets you virtually walk through the home, scan the entire space from floor to ceiling, and even take measurements. Enjoy the experience of this unique and exceptional home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
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 | $1,022 | $1,022 | $1,022 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,613 | $7,331 | $9,953 |
Total Monthly Payment | $8,760 | $8,478 | $11,100 |
* 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.