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Under contract-accepting backup offers. This unique Sarasota bungalow and detached studio are ideally situated on an oversized 125 x 135 lot (over 0. 38 acres), offering exceptional space and privacy just under two miles from downtown Sarasota. Enjoy convenient access to Lido Beach, St. Armands Circle, Marina Jack’s, City Island, and O’Leary’s Tiki Bar, with Siesta Beach only a short 20-minute drive away.
Located within walking distance to the Ringling Museum and Sarasota Bayfront—perfect for taking in breathtaking sunsets—as well as Asolo Theater, local breakfast spots, and neighborhood favorites like Riccio’s Pizzeria. Nearby conveniences include Publix, Whole Foods, Walmart, SRQ Airport, New College, USF Sarasota-Manatee, and Ringling College of Art and Design.
Set on a picturesque street lined with towering, mature Washingtonia Robusta palms, the property offers a tranquil, Old Florida feel. Priced near land value, this is a rare opportunity for developers, preservationists, or homeowners seeking a private retreat with room to expand.
The fully fenced lot is lushly landscaped with mature palms, oaks, and bamboo, attracting a variety of birdlife. An outdoor shower and deck provide the perfect space to unwind after a day at the beach.
Inside, the home features a spacious foyer—ideal for an office, yoga, or music space—a Florida room with its own AC unit, and two vintage ceramic tile bathrooms. Additional highlights include seven Hunter ceiling fans, a 2013 Trane AC heat pump, and a 2019 roof by Singleton Roofing with a transferable warranty.
Original architectural charm shines through with true plaster walls, knotty pine paneling, built-ins, solid five-panel wood doors, crystal doorknobs, picture rails, and wood flooring beneath Berber carpeting. An oversized carport adds convenience.
The detached studio, under its own roof, offers a full bath with pedestal sink, cathedral ceilings with exposed wood beams, a private deck, and outdoor shower—ideal for guests, rental income, or a creative workspace.
This non-deed restricted property provides ample room for a boat, RV, pool, hot tub, or future expansion. The home is equipped with GE and Whirlpool appliances, and Kohler and Moen fixtures. Stove can be converted to gas, line is present.
Easy to show with notice. Motivated seller—unlock immediate equity and more value with your personal updates
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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 | $239,840 | $239,840 | $239,840 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $346 | $346 | $346 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,419 | $1,477 | $1,944 |
| Total Monthly Payment | $1,840 | $1,898 | $2,365 |
* 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.