117 N Washington DRIVE, Sarasota, FL, 34236 | $2,350,000

Introducing a St Armands Coastal Retreat with Timeless Elegance. DOUBLE CORNER LOT, almost 1/2 acre, offers incredible investment potential. Step into your dream home located in one of the most desirable areas in Sarasota, around the corner from St. Armands Circle and close to Lido Beach and the Gulf of Mexico. This FURNISHED and stunning 3-bedroom, 3-bathroom residence offers the perfect location for coastal serenity. As you enter, be captivated by the open concept living and dining rooms adorned with a breathtaking vaulted ceiling, creating an inviting and spacious atmosphere. This home boasts not only a pool for leisurely dips but also sits on an extra-large corner lot, providing ample space for outdoor enjoyment. The glass-enclosed den and sunroom add a touch of sophistication, allowing you to bask in natural light while enjoying the lush surroundings.
The oversized 2-car attached garage ensures convenience and security for your vehicles. Convenience meets leisure with this property's prime location – just a stroll away from the vibrant St. Armand’s Circle and a short distance from the pristine shores of Lido Beach. Embrace the coastal lifestyle with the convenience of having everything at your fingertips. Key Features include 3 bedrooms, 3 full bathrooms, open concept living and dining rooms with stunning vaulted ceiling, pool on an extra-large corner lot, glass-enclosed den and sunroom, and an oversized 2-car attached garage. Recent updates to the home include: new roof 2022, new pool pump 2024, new AC and air handler
2022, new water heater 2023, new washing machine 2023 and refrigerator 2018. Immerse yourself in the charm of Lido Key, where luxury living meets coastal convenience. Don't miss the opportunity to make this residence your own private oasis within reach of Sarasota's finest offerings.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room
  • Year Built: 1955
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,299
  • Acreage: 0.43
  • Est. Taxes: $23,811
  • Lot Desc: Corner Lot, Flood Insurance Required, FloodZone, Oversized Lot, Sidewalk
  • Elem. School: Southside Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pool: Gunite, In Ground
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4596252
  • Days on Market: 108 days
  • Website: https://www.raveis.com
    /eprop/A4596252/117nwashingtondrive_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 5/14/2024 11:45:43 PM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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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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117 N Washington DRIVE, Sarasota, FL, 34236

$2,350,000

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 $1,880,000 $1,880,000 $1,880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 7.014% 7.041%
Monthly Tax Payment $1,984 $1,984 $1,984
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,825 $12,350 $16,767
Total Monthly Payment $14,934 $14,459 $18,876

* 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.