5251 MAHOGANY RUN AVENUE, #514, Sarasota, FL, 34241 | $4,290

Ready to relax in paradise? This turnkey 2 bedroom, 2 bath condo has everything you are looking for! With a bohemian coastal design through out you will find yourself truly lost in delight. Nuzzled in the nature, this tropical lake front condo is the perfect location for you and your family. When entering this tropical condo, you will find yourself completely surrounded by nature, with gorgeous manicured landscaping all around. The front patio offers seating for two. Perfect spot to watch the sunrise! The living room will be you and your families go to spot. With a large sectional and movable ottoman this is the perfect area to relax after a long day of adventure. With a sliding glass door leading out to the patio natural light is never an issue! The back patio is what makes this condo exquisite, with panoramic views of the lake and seating for two this will be the spot to enjoy breakfast, lunch and dinner! The dining table has large plush chairs, that can accommodate up to four comfortably. This newly updated kitchen has all the essential you need! With brand new stainless steel appliance’s, and a wonderful wine cooler that will keep up to six bottles of wine chilled to perfection! Adjacent to the living room you will find a stunning master suite. Which boats a king bed and plenty of space for your belongings. With a large paned window overlooking the lake, this master oasis will sure to leave you amazed. The master bathroom offers a lovely escape. With a large walk in shower, and plenty of vanity space for you and your loved ones. The guest bedroom offers a charming queen bed, with plenty of closet space. Across you will find the guest bathroom, that is breathtaking! Lined with gorgeous wallpaper, and new shower fixture you’ll find yourself unwinding after a day at the beach. Take some time and make sure to stop by Tee Side Patio Café for food located just minutes from the condo, this little gem of a restaurant is the perfect pit stop for quick lunch. Sorry no furry friends please! Heritage Oaks Golf & Country Club will set up a reserve upon your arrival of $500 that will be charged to your credit card for you to utilize all the amenities of Heritage Oaks. Membership entitles the guest to use the golf course, driving range, tennis, swimming pools, fitness center, restaurant, social and other facilities of the country club. You'll never run out of things to do in this wonderful community! Golf fees apply. Heritage Oaks Golf and Country Club has a mandatory registration membership transfer fee of $200. 00(November through April) or $50 (May through October) Escape to the white sandy beaches of Siesta Key, Lido Key or Longboat Key just a few minutes away or lounge by the community pool and spa – the choice is yours. Take advantage of premium shopping and dining along the infamous St. Armand’s Circle. If you’re looking for outdoor adventure, get lost amid the labyrinth of mangrove tunnels and explore their unique ecosystem aboard a rented kayak or stand-up paddleboard in South Lido Beach Park, or hike the Northern Nature Trail. Enjoy an array of artistic & cultural events in Downtown Sarasota, such as the Sarasota Opera, the Sarasota Orchestra, ballet, theatre, the infamous Ringling Art Museum, Maria Selby Botanical Gardens, Marina Jacks for boat tours, and more shopping and nightlife than you can imagine.

Features

  • Type: Condominium
  • Bedrooms: 2
  • Baths: 2 full
  • Year Built: 1998
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,311
  • Acreage: 2.91
  • Pet Policy: No
  • Appliances: Built-In Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • MLS#: A4473026
  • Days on Market: 892 days
  • Website: https://www.raveis.com
    /prop/A4473026/5251mahoganyrunavenue_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 9/27/2024 9:17:11 AM)
Listing courtesy of GULF COAST REALTY & MANAGEMENT   Phone: 941-782-1559

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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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5251 MAHOGANY RUN AVENUE, #514, Sarasota, FL, 34241

$4,290

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $3,432 $3,432 $3,432
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.285% 5.510%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $21 $21 $28
Total Monthly Payment $96 $96 $103

* 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.