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Rare gem in Sarasota’s highly desirable Southgate neighborhood, East of the Trail. Just minutes from Siesta Key Beach, Lido Beach, St. Armands Circle, downtown Sarasota, and Sarasota Memorial Hospital, this 5-bedroom, 4-bathroom residence offers the perfect blend of space, flexibility, and long-term value.
Situated on a private corner lot, the home provides versatile living space designed to support multigenerational living and generational wealth opportunities. Whether accommodating extended family, aging parents or long-term guests, the layout offers privacy, comfort, and independence under one roof.
Enjoy two oversized driveways ideal for multiple vehicles, a boat and RV. The resort-style backyard features an Olympic-size, 8-foot-deep heated pool, recently resurfaced and surrounded by lush tropical landscaping, fruit trees, palms - perfect for gatherings that bring generations together.
In-law suite with private entrance includes two master suites, a full kitchen, and laundry—an ideal setup for live-in relatives, or future income potential.
Recent upgrades include a new roof (2022), new AC unit, two new water heaters, new pool water heater, fresh interior and exterior paint, modern lighting, granite countertops, all new appliances, pavers, fencing, gutters, and storage sheds, along with full replumbing and rewiring completed in 2012.
No HOA and no flood zone. Fully fenced with room for a boat, RV. Close to historic Southside Elementary A-rated schools, beaches, dining, shopping, and cultural attractions.
This is more than a home—it’s a long-term lifestyle and legacy property, offering flexibility, privacy, and the opportunity to build multigenerational wealth in one of Sarasota’s most desirable locations.
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:
$899,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $518 | $518 | $518 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,084 | $4,254 | $5,972 |
| Total Monthly Payment | $4,694 | $4,864 | $6,582 |
* 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.