3317 OVERCUP OAK TERRACE, Sarasota, FL, 34237 | $162,000

Discover the ease and comfort of Florida living in this thoughtfully maintained TURNKEY furnished home located in the ONLY gated 55+ Resident Owned Park in the City limits of Sarasota!! This 3 bedroom home has beautiful curb appeal with the pavers and palm trees landscaping. This home has been tastefully decorated and offers a peaceful, move-in-ready retreat— ideal for seasonal or full time residents seeking sunshine, simplicity, and comfort.

Guest will appreciate the split plan feature with the 3rd bedroom conversion. Enter through the quaint French doors to a cottage style queen set, separate AC system, flat screen TV, and private wardrobe.

There is plenty of space for up to 9 overnight guest with a king bed, queen bed, double bed and both the sofa and loveseat convert into a queen-size sleeper sofa with a new mattress and a single sleeper loveseat, ideal for visiting guests.

The dining table stores extra leaves and there is seating for 6. Additionally, the coffee table rises to accommodate additional table space as well.

The kitchen has great natural lighting has 2020 stainless steel appliances. The dishwasher, rolling island, CD radio player and water filter system were installed after 2021. The pantry provides plenty of room for storage needs.

Begin your mornings enjoying your coffee or tea on the lanai, read, or visit with friends while embracing the relaxed Florida lifestyle. Whether you are arriving for the season or enjoying full-time living, immediately begin soaking in Florida’s warm weather, friendly community, and relaxed pace of life.

Upgrades include: Vinyl Siding, extra large storage room that can be used as a Florida room as well, separate shed room, Washer/dryer and utility sink in the storage area, screen lanai added 2024, HVAC system installed 2020 professionally serviced yearly and enhanced by a whole-house duct enlargement for improved airflow throughout the home. Vapor Barrier replaced 2023, Interior upgrades include the stainless steel appliances, some drywall, updated entry door, all flooring updated, Water Heater 2025, all flooring has been updated.
Hurricane Shutters and rain gutters.

The utility room adds exceptional value, featuring an additional refrigerator along with a washer and dryer, offering convenience and extra storage—perfect for seasonal living or hosting guests.

About Oakwood. . . . This 55+ gated 90 acre community boasts a low maintenance fee of $210/month. Its vast amenities start with the spacious Clubhouse outfitted with a full commercial cook kitchen, event stage, audio/visual, dance floor, state of the art fitness room, activities hall, library with books/movies/puzzles and a pool table. Outside recreation includes an extra large heated pool with a handicap ramp, a spacious kidney shaped hot tub, ample umbrella tables and lounge chairs and updated shower rooms. Oak trees shade the beautiful park area, picnic tables and a community grill. Additional amenities to enjoy are the community putt putt course, bocce ball, ping pong and corn hole. Oakwood Manor is a vibrant community with numerous social events and activities. It is conveniently located adjacent to Legacy Trail and 12 newer pickle ball courts. Just a short drive to our crystal sand beaches, downtown area, the marina, fishing pier, local golf courses, shopping, variety of restaurants, the museum, SRQ airport, SMH and Doctors hospitals. Please note that Oakwood is a no pet, no motorcycle Park.

Features

  • Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Maintenance, Park, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Electric Dryer Hookup, Laundry Room
  • Year Built: 1974
  • Garage: Covered, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 901
  • Acreage: 0.09
  • Est. Taxes: $1,506
  • HOA Fee: $210 Monthly
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Water Filtration System
  • MLS#: A4679455
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4679455/3317overcupoakterrace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 2/14/2026 3:37:16 PM)

William Raveis Family of Services

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Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 147983

845.290.3871

Matthew.DeMaria@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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917.494.9386

Gene.Rahilly@raveis.com

Our Insurance Division:

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3317 OVERCUP OAK TERRACE, Sarasota, FL, 34237

$162,000

The Sabbagh Team

Sales Associates

William Raveis Real Estate

Phone: 203.794.9494

TheSabbaghTeam@raveis.com

Matthew DeMaria

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 845.290.3871

Matthew.DeMaria@raveis.com

NMLS Mortgage Loan Originator ID 147983

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $129,600 $129,600 $129,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.137% 6.132% 5.396%
Monthly Tax Payment $126 $126 $126
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $726 $776 $1,033
Total Monthly Payment $927 $977 $1,234

* 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.