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One or more photo(s) has been virtually staged. This is one of those places that just makes sense the minute you walk in, and it carries architectural pedigree to match. Designed by Sarasota pioneer Ruth Richmond, this residence blends clean mid-century lines with smart, livable design just minutes from downtown.
Inside, you’ll find a bright, easy one-bedroom layout with luxury vinyl plank flooring throughout, an updated kitchen that feels clean and current, and a refreshed bathroom ready to enjoy from day one. No projects. No “someday” list. Just unpack and get on with living. Richmond was known for creating efficient, light-filled spaces that live larger than their square footage, and this home delivers exactly that.
Location is the real flex. Less than a mile to downtown Sarasota means coffee, restaurants, work, and events are right there. Lido Beach is just 4. 7 miles away, close enough for spontaneous sunset runs without living in full tourist mode. It’s a smart fit for a downtown employee who wants convenience without the downtown price tag. It also checks the boxes as an investment property with strong rental appeal, or a low-maintenance snowbird retreat you can lock and leave without a second thought. Architectural history. Modern updates. In the middle of everything. These are the ones that don’t sit around for long.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.557% | 5.920% |
| Monthly Tax Payment | $51 | $51 | $51 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $767 | $799 | $1,054 |
| Total Monthly Payment | $893 | $925 | $1,180 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.