1477 S School AVENUE, Sarasota, FL, 34239 | $594,900

Welcome to the highly coveted Arlington Park neighborhood where homeowners revel in the freedom from HOA restrictions. Embrace the luxury of an expansive new Paver driveway, perfect for accommodating all your recreational toys. Surrounded by million-dollar residences and new developments. Live comfortably now and capitalize on the land's value when the time is right.
Step inside the renovated home that features new wood-look tile flooring throughout its 3 bedrooms and soon-to-be 2 bathrooms. The European-style kitchen has custom cabinetry, granite countertops, breakfast island and stainless steel appliances. Freshly painted bedrooms offer comfort with new ceiling fans and sleek sliding glass closet doors.
The main bathroom indulges with a floor-to-ceiling walk-in tiled shower, new double vanity, and chic modern lighting. Meanwhile, the second bathroom, currently under construction, promises equal opulence with a fully tiled walk-in shower.
Convenience reigns supreme with a second entry leading to a covered parking space and a drop zone for all your outerwear, alongside laundry facilities. Outside, a new irrigation system maintains lush newly planted sod in the front and back yards.
Entertain on the new paver patio overlooking the beautiful fenced backyard. For those dreaming of a pool oasis, plans are available along with a trusted contractor for seamless execution for $65, 000, see the example photos of the pool site area on the property.
Discover endless possibilities with a large shed offering space for an art studio, workshop, pool cabana or recreational toy storage. The expansive lot ensures privacy and abundant outdoor living space for all your relaxation needs.
This home has great potential to be an AirBNB for an income producing property. Don't miss out on this rare opportunity to own a piece of prime real estate.
Residents enjoy exclusive access to Arlington Park amenities including lap and instructional pools, basketball and tennis courts, playgrounds, outdoor fitness areas, walking trails, and a dog park.
Just blocks away from Sarasota Memorial Hospital, this location is ideal for medical professionals and office workers alike.
Schedule your viewing today and discover the endless possibilities that await you!

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Style: Ranch
  • Year Built: 1955
  • Garage: Driveway, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,297
  • Acreage: 0.18
  • Est. Taxes: $792
  • Lot Desc: City Lot, Landscaped
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: A4589190
  • Days on Market: 165 days
  • Website: https://www.raveis.com
    /prop/A4589190/1477sschoolavenue_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 10:47:12 AM)
Listing courtesy of COPPOLA REALTY GROUP   Phone: 941-918-4785

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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1477 S School AVENUE, Sarasota, FL, 34239

$594,900

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 $475,920 $475,920 $475,920
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 $66 $66 $66
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,247 $3,163 $4,014
Total Monthly Payment $3,405 $3,321 $4,172

* 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.