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Investor Special or Dream Home Opportunity!
Welcome to a property brimming with potential in one of Sarasota’s most centrally located neighborhoods. With a brand-new roof and new impact windows, the heavy lifting has already been done. Now it's your turn to bring your vision to life! Whether you're an investor or a homebuyer with a construction loan, this home is the perfect canvas for your next project.
Sitting on a very large lot, there’s ample space to expand, landscape, or even add a pool. The possibilities are endless with this generous yard, offering plenty of room for outdoor living, entertainment areas, or future additions.
Located just minutes from downtown Sarasota, this home offers unmatched proximity to shopping, dining, and entertainment. Enjoy a morning stroll at Payne Park, catch a show at the Sarasota Opera House, or indulge in local cuisine and craft cocktails at nearby hotspots. The University Town Center (UTC) mall and all its retail and dining options are a quick 15-minute drive away.
For beach lovers, you're only 20 minutes to Siesta Key Beach — consistently ranked among the best in the nation — and just as close to Lido Beach and St. Armands Circle, perfect for boutique shopping and sunset dinners.
Whether you're looking to renovate and resell, rent, or create your dream Sarasota retreat, this property is a rare find with major updates already in place and a location that truly delivers.
Don’t miss this incredible opportunity
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$379,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $303,200 | $303,200 | $303,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $354 | $354 | $354 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,769 | $1,842 | $2,457 |
| Total Monthly Payment | $2,198 | $2,271 | $2,886 |
* 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.