5251 Mahogany Run AVENUE, #515, Sarasota, FL, 34241 | $280,000

PRICE IMPROVEMENT!!! Come enjoy the care-free Florida lifestyle of this phenomenal Heritage Golf and Country Club community. This first floor 2 bedroom, 2 bath plus den home offers an open floor plan with beautiful lake and golf course views and is offered fully furnished. A wonderful place to call home or use as an investment property or second home. This development offers an abundance of quality amenities including 18 hole golf course, 5 heated swimming pools, 4 lighted har-tru tennis/pickleball courts as well as dining at the Clubhouse bar and lounge. The fitness center offers state of the art equipment, a fitness instructor with daily classes and year round activities. Heritage Oaks is a bundled (membership mandatory), gated, Golf and Country Club consisting of 850 homes situated on 500+ Audubon Certified acres. Come see what the Heritage Oaks Lifestyle has to provide today. PRICE IMPROVEMENT!! New AC Unit, New Water Heater, New Flooring. Kitchen improvements include: New Countertops/backsplash tile as well as under counter lighting. Also Extra storage underneath kitchen bar added. Kitchen is fully furnished including small appliances. Garage has improvements as well, such as added storage cabinetry, storage hooks and an extra refrigerator. Outdoor patio pavers and stepping stones added to front and back porch areas, respectively. Property is fully furnished with plenty of new linens, 3 televisions and completely stocked kitchen. Perfect for an investment property in time for snowbird season 2025.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Fitness Center, Gated, Golf Course, Maintenance, Pool, Security, Tennis Court(s)
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Closet
  • Complex: VERANDA 2 AT HERITAGE OAKS
  • Year Built: 1998
  • Common Charge: $10,612 Annually
  • Approx Sq. Feet: 1,433
  • Est. Taxes: $3,194
  • Condo Fee: $1,081 Quarterly
  • View: Golf Course, Water
  • Elem. School: Lakeview Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: U8226482
  • Days on Market: 299 days
  • Website: https://www.raveis.com
    /prop/U8226482/5251mahoganyrunavenue_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 11/24/2024 12:07:18 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 727-822-9111

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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, #515, Sarasota, FL, 34241

$280,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $224,000 $224,000 $224,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $266 $266 $266
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,490 $1,489 $1,921
Total Monthly Payment $1,831 $1,830 $2,262

* 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.