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Presented by
Nancy Smetana |
PRIVATE FLORIDA COUNTRY ESTATE – PRICED TO SELL!
One Acre. Endless Possibilities. Discover the perfect blend of privacy, charm, and opportunity at 1508 Arcadia Avenue. Nestled beneath majestic oak trees on over one beautifully landscaped acre, this move-in-ready ranch offers peaceful country living with convenient access to Sarasota, Venice, Punta Gorda, Gulf Coast beaches, shopping, dining, and recreation. Filled with natural light, the home features soaring ceilings, expansive windows, an open-concept floor plan, Chicago brick accents, a cozy fireplace, gas appliances, barn doors, and inviting spaces designed for comfortable living and effortless entertaining.
Whether your style is modern farmhouse, coastal farmhouse, classic country, or contemporary, this home is the perfect canvas to create your dream residence. The existing Chicago brick courtyard offers an exciting opportunity to design a private outdoor oasis with a pool, entertaining area, and privacy wall, creating a truly memorable entrance and exceptional outdoor living space. The spacious corner parcel provides room for a guest house, workshop, RV garage, boat storage, gardens, or simply plenty of space to enjoy the Florida lifestyle.
Property Highlights:
• Over one beautifully landscaped acre
• Prime corner lot
• Open-concept floor plan
• Soaring ceilings and abundant natural light
• Fireplace and gas appliances
• Chicago brick courtyard
• Barn doors and architectural character
• Fenced dog run
• Two-car garage
• Room for a pool, RVs, boats, and future expansion
Ideal as a primary residence, seasonal getaway, vacation home, or investment opportunity, this property offers outstanding flexibility and value.
Recently appraised at over $450, 000 and now offered at a reduced price, presenting an exceptional opportunity for today’s buyers.
Arcadia continues to experience exciting growth, making this an excellent time to invest in one of Southwest Florida’s emerging markets.
Move-in ready, easy to show, and priced to sell. Schedule your private showing today and discover the possibilities of this exceptional property!
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:
$406,000
Sales Associate
William Raveis Real Estate
Phone: 203.598.1749
Nancy.Smetana@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.520.1925
Laurie.Berger@raveis.com
NMLS Mortgage Loan Originator ID 12578
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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 | $324,800 | $324,800 | $324,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $715 | $715 | $715 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,945 | $2,051 | $2,697 |
| Total Monthly Payment | $2,735 | $2,841 | $3,487 |
* 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.