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Presented by
Shauna Fanning |
Under contract-accepting backup offers. Price Improvement! Now listed at $235, 000! Home appraised for $245, 000 on 04/12/2026! Walk into instant equity! Charming cottage-style home in a highly sought-after Sarasota location, just minutes from world-famous Siesta Key Beach. This 2-bedroom, 1-bath residence offers a unique blend of character, functionality, and investment potential.
Originally rebuilt in 2001, the home features updated appliances, including a newer refrigerator, range, microwave, and A/C unit, providing comfort and convenience for everyday living. The fully fenced yard offers exceptional privacy and space, perfect for pets, entertaining, or future expansion.
Step into the spacious backyard and enjoy a covered gazebo deck complete with a sink—an ideal setup for outdoor dining, entertaining, or relaxing in your own private retreat. Additional highlights include a separate RV electric hookup and a versatile shed perfect for a workshop, storage, or hobby space.
The expansive lot also presents an excellent opportunity to build a new home with a pool, maximizing the value of this prime location. Just one minute from Vamo Drive Park with kayak launch access, this property is perfect for outdoor enthusiasts.
This home is also a fantastic income-producing opportunity, generating approximately $30, 000–$50, 000 annually while it was rented in 2023
Don’t miss this rare chance to own in one of Sarasota’s most desirable areas.
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:
$235,000
Sales Associate
William Raveis Real Estate
Phone: 508.631.5634
Shauna.Fanning@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 339.224.0866
Scott.Petersen@raveis.com
NMLS Mortgage Loan Originator ID 32556
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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 | $188,000 | $188,000 | $188,000 |
| 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 | $220 | $220 | $220 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,112 | $1,158 | $1,524 |
| Total Monthly Payment | $1,407 | $1,453 | $1,819 |
* 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.