1948 Baywood TERRACE, Sarasota, FL, 34231 | $624,999

Under contract-accepting backup offers. Welcome to Your Future Dream Home in Cedar Cove West Of The Trail!

This 3-bedroom, 2-bathroom + den hidden gem is bursting with charm and character. Nestled in the highly desirable community near Siesta Key, this residence offers the perfect blend of tranquility and accessibility.

Situated within minutes to Siesta Key, Cedar Cove is an enclave of 31 homes built in the 80s, exuding a unique charm that captures the essence of coastal living. Less than a mile away from the world-renowned Siesta Key beaches, this home is a beach lover's paradise.

Minutes from Gulf Gate restaurants, shops, and bars, you'll have an array of dining and entertainment options at your fingertips. And there's even more excitement on the horizon! The Benderson development, The Siesta Key Promenade, is underway at the corner of Stickney Point and S Tamiami Trail. Soon, you'll have additional shopping and dining choices to explore right in your neighborhood.

Picture yourself strolling or biking to the beach safely, immersing yourself in the sun, sand, and surf. The location of this home truly emphasizes the real estate adage: "Location, Location, Location. "

This home is a canvas waiting for your personal touch. Transform it into the dream residence you've always envisioned. The character and charm already present provide a solid foundation for creating a space that truly reflects your style and taste.

Don't miss the opportunity to own a piece of paradise in this sought-after community. Whether you're a first-time homebuyer, an investor, or someone looking to customize their next home, this wonderful property is a rare find.

Contact us now to schedule a showing and start envisioning the limitless possibilities of making this charming house your dream home!

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1978
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,109
  • Acreage: 0.33
  • Est. Taxes: $2,658
  • HOA Fee: $1,200 Annually
  • Pet Policy: Yes
  • Appliances: Other
  • MLS#: A4594921
  • Days on Market: 92 days
  • Website: https://www.raveis.com
    /prop/A4594921/1948baywoodterrace_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 5/16/2024 2:17:08 PM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

William Raveis Family of Services

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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

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
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Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1948 Baywood TERRACE, Sarasota, FL, 34231

$624,999

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 $499,999 $499,999 $499,999
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 $222 $222 $222
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,411 $3,323 $4,217
Total Monthly Payment $3,725 $3,637 $4,531

* 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.