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Under contract-accepting backup offers. This charming vintage ranch home presents an exceptional opportunity for discerning buyers seeking both comfort and potential in a desirable Sarasota neighborhood. The well-maintained 1, 591 square foot residence features three bedrooms and two bathrooms with a pool bath, offering comfortable living spaces throughout. NEW ROOF.
The property sits on a generous corner lot with NO HOA or CDD fees, providing freedom and flexibility for future enhancements. The existing inground pool creates an ideal setting for Florida's year-round outdoor lifestyle, while the home's solid bones offer excellent renovation potential for those looking to customize their living space.
Located in a convenient area of Sarasota, residents enjoy easy access to numerous amenities. The nearby grocery stores and restaurants are for convenience, while Arlington Park provides green space for recreation and relaxation. Public transportation is readily accessible with a bus stop within walking distance, and the Sarasota city Young Men's Christian Association offers fitness and community programs nearby.
The neighborhood combines residential tranquility with urban convenience, making daily errands and recreational activities easily manageable. The corner lot positioning provides additional privacy and potential for landscaping creativity, while the absence of restrictive association fees allows homeowners to personalize their property according to their preferences.
This property represents an excellent value proposition for buyers seeking a solid foundation in a well-established area with room for personal touches. Whether you envision updating the existing layout or simply enjoying the current configuration, this home offers the perfect canvas for creating your ideal Florida residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
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 | $348,000 | $348,000 | $348,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.472% | 6.443% | 5.648% |
| Monthly Tax Payment | $144 | $144 | $144 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,003 | $2,143 | $2,820 |
| Total Monthly Payment | $2,222 | $2,362 | $3,039 |
* 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.