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Discover a versatile property (3 Bedrooms, 2 Baths PLUS an In-Law Suite/Accessory Dwelling Unit) perfectly positioned near the charm of Pinecraft to the energy of downtown Sarasota and the beauty of the Legacy Trail. Whether you’re envisioning multigenerational living, an income-producing setup, or a welcoming space for guests, the separate In-Law Suite/ADU with its own entrance opens the door to endless opportunity. Located in the City of Sarasota with a 7-day minimum rental, this home offers excellent flexibility and options. (And no HOA) From the moment you step inside, you’ll instantly appreciate the pristine condition — a reflection of owners who have maintained this home with extraordinary care and it shows in every detail. The main living space offers three bedrooms and two bathrooms arranged in a split layout that gives everyone their own sense of privacy. Tile floors flow throughout the home — no carpet to maintain. At the heart of the home, the renovated kitchen opens to the living and dining spaces, making it a natural gathering spot. Friends can pull up a barstool, share a drink, and stay part of the action while meals come together. The dining area easily hosts holiday dinners and celebrations. The expansive screened and enclosed side lanai becomes an extension of your living space — a place to enjoy morning coffee, afternoon breezes, or quiet evenings year-round thanks to clear vinyl windows that make every season comfortable. The attached In-Law Suite/ADU offers a retreat all its own, with a private entrance and separate lanai. Complete with a kitchenette, full bathroom, interior laundry, and its own dedicated air conditioning, the space provides independence and comfort for guests, extended family, or an ideal opportunity for added income. Outside, the property transforms into a personal sanctuary. Lush landscaping frames a charming pavered seating area — perfect for gathering around a firepit or enjoying conversations under the stars. A pavered walkway winds through the yard, while the vinyl-fenced backyard offers privacy. Two storage buildings, along with a two-car garage and ample driveway parking, add everyday convenience. Upgrades include replacing sewer drain lines, replacing water pipes overhead, whole house water filter system, roof replacement in 2022, HVAC system replaced in 2022, and water heater installed in 2020. The home also offers a combination of impact-resistant windows and shutters for added protection. Enjoy the freedom to truly make this property your own — whether that means creating a multigenerational haven, maximizing income potential, or simply enjoying the lifestyle that comes with being centrally located in Sarasota. This is the one you’ve been waiting for!
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Our Executive Mortgage Banker:
Our Insurance Division:
$635,000
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 |
|
|---|---|---|---|
| Loan Amount | $508,000 | $508,000 | $508,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.873% |
| Monthly Tax Payment | $377 | $377 | $377 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,005 | $3,128 | $4,148 |
| Total Monthly Payment | $3,474 | $3,597 | $4,617 |
* 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.