Presented byKathy Macalone |
This charming home, built in 1955, has been lovingly maintained. With a traditional design, the house offers two cozy bedrooms and three bathrooms, providing ample space for comfortable living.
One of the highlights of this property is the mother-in-law suite, complete with a separate entrance and parking area. This additional living space presents exciting possibilities, such as accommodating guests, providing multigenerational living arrangements, or even generating rental income.
Situated on an extra large lot, the property boasts an abundance of beautiful trees, creating a serene and private atmosphere. The sizable yard also offers the perfect opportunity to add a pool and create your own outdoor oasis.
Conveniently located just two blocks away from Sarasota Bay, this home offers easy access to stunning waterfront views and enjoyable recreational activities. The proximity to SRQ Airport, USF, and New College campus ensures a quick commute for students, academics, and frequent travelers.
For those who appreciate cultural experiences and the arts, this house is ideally located. Within a mere ten minutes, you can reach downtown Sarasota, renowned for its vibrant art scene, top-notch restaurants, and various entertainment options. Additionally, the Ringling Museum, Asolo Performing Arts Center, Sarasota Ballet, and Sarasota Opera are all within close proximity, ensuring that you can easily indulge in world-class performances and exhibitions.
346 Suwanee has been sold.
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$695,000
Broker Associate
William Raveis Real Estate
Phone: 978.502.3500
Kathy.Macalone@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 | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $127 | $127 | $127 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,793 | $3,695 | $4,689 |
Total Monthly Payment | $4,012 | $3,914 | $4,908 |
* 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.