517 Madison COURT, Sarasota, FL, 34236 | $1,299,000
Under contract-accepting backup offers. No storm damage or flooding on this property or street in the recent hurricanes! Welcome to your dream oasis nestled in the heart of historic Laurel Park in Sarasota, FL. This enchanting Spanish Mediterranean style home, originally crafted by Owen Burns in the 1920s, has been meticulously transformed, marrying timeless charm with modern elegance.
Step through the custom-built mahogany front door into a world where every detail has been thought of. The interior boasts an array of high-end upgrades, including all new impact windows and doors, ensuring your peace and safety. Revel in the comfort of all new plumbing, electrical systems, spray foam insulation, AC, and ductwork. The interiors are graced with high ceilings and numerous windows, flooding the home with natural light.
The heart of this home is its chef's kitchen, equipped with Jenn Air appliances, a 96 bottle wine fridge with 3 zones, and a gas range - all powered by a gas tankless water heater for endless hot water. The new pool heater and pump guarantee year-round enjoyment of the private patio and swimming pool, while an outside shower adds a touch of beachside lifestyle.
This property doesn’t just offer a home; it’s a lifestyle. Enjoy the exclusivity of your own pool or take a short walk to the kayak launch at Ohio Place. For leisurely afternoons, the nearby park on Laurel Street awaits.
This home, a masterpiece of design and craftsmanship, offers a unique blend of private tranquility and city life convenience. Located in the only single family home neighborhood in downtown Sarasota, you will have endless opportunities to enjoy fine dining, entertainment, nightlife, shopping, and more! Bayfront Park provides daily events, live music, art displays, and endless enjoyment year-round. Seize the opportunity to own a piece of Sarasota’s history with a modern twist.
Features
- Rooms: 10
- Bedrooms: 2
- Baths: 2 full
- Lot Size: 57 x 82
- Laundry: Laundry Room
- Style: Mediterranean
- Year Built: 1924
- Garage: Driveway, On Street, Parking Pad
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,487
- Acreage: 0.11
- Lot Size: 57 x 82
- Est. Taxes: $8,791
- Elem. School: Southside Elementary
- Pool: Auto Cleaner, Gunite, In Ground
- Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
- MLS#: A4615241
- Days on Market: 126 days
- Website: https://www.raveis.com
/eprop/A4615241/517madisoncourt_sarasota_fl?source=qrflyer
Listing courtesy of HARRY ROBBINS ASSOC INC Phone: 941-924-8346
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
517 Madison COURT, Sarasota, FL, 34236
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
| Monthly Tax Payment | $733 | $733 | $733 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,654 | $6,654 | $9,124 |
| Total Monthly Payment | $7,512 | $7,512 | $9,982 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388