Seller will consider re-roofing prior to closing with the right offer. Welcome to your dream oasis at 5211 Indian Mound in Sarasota, FL—a freshly painted and updated pool home that exemplifies the epitome of freedom with no deed restrictions. Ideal for families and contractors alike, this single-family residence features 3 cozy bedrooms, 2 full bathrooms, and the flexibility of a newly completed garage conversion that can serve as an additional bedroom or a convenient office with its own exterior access.
Nestled on a generous . 34 acre lot, this property offers an abundance of parking for up to 6 vehicles, making it perfect for those with boats, RVs, or a fleet of cars. The vast backyard is not just for relaxation and entertainment, it also provides a unique advantage with easy vehicle access from both sides of the residence.
For the craftsman or hobbyist, the rear of the property boasts a large workshop fully equipped with HVAC, water, and electric, alongside a handy storage shed. The workshop presents endless possibilities for your projects and storage needs.
Inside, this smart home is adorned with luxurious quartz countertops, sleek upper-level cabinetry, fresh tile flooring, and state-of-the-art Samsung B-Stainless appliances that promise to elevate your culinary experiences. Vaulted ceilings soar above, enhancing the sense of spaciousness throughout the home.
Step outside through the elegant French doors to your private pool, the perfect spot to unwind and indulge in the Florida sun. Offered at an amazing price, this single-family pool home is a remarkable find. It's easy to purchase and ready for you to make your own. Don't miss the opportunity to own a piece of Sarasota's finest—5211 Indian Mound awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$455,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $364,000 | $364,000 | $364,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $235 | $235 | $235 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,422 | $2,419 | $3,070 |
Total Monthly Payment | $2,732 | $2,729 | $3,380 |
* 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.