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4237 SARASOTA AVENUE, Sarasota, FL, 34234 | $415,000
Under contract-accepting backup offers. TLC is needed on this fixer-upper.
"Step back into Sarasota’s Golden Age with this rare Norman Revival treasure, purportedly commissioned by circus legend John Ringling circa 1940. Nestled "West of the Trail"(Tamiami Trail) in the prestigious Sapphire Shores neighborhood, this two-story masterpiece is a storied neighbor to the world-renowned Ringling Museum and the Venetian splendor of Ringling's Cà d’Zan. Inside, the home retains its timeless character across its twenty-six-foot living room, library, three spacious bedrooms, and two bathrooms, featuring an authentic clawfoot bathtub that evokes a sense of period elegance. With its distinctive steeply pitched rooflines and craftsmanship that would be nearly impossible to replicate today, this property offers more than just a home—it’s a living piece of Sarasota history. This two-story architectural gem is close to Sarasota Bay and the Ringling Museum grounds. It is in a prime location in a culturally rich neighborhood. A true Sarasota treasure. Norman Revival style is characterized by steeply pitched hipped roofs and flared eaves, standing out against the area's common Mediterranean and Mid-Century Modern styles. The connection to John Ringling adds significant "bragging rights" and historical value, as he was the primary visionary behind Sarasota’s early development.
Live the Museum District Lifestyle: This area is known for its lush, banyan-lined streets and proximity to cultural landmarks like the FSU/Asolo Performing Arts Center. As the name implies, the style borrows its design cues directly from the Normandy region of France. The many splendors of Indian Beach and Sapphire Shores include proximity to the Bayshore parks, the Ringling Museum, entertainment, SRQ Airport, and shopping at the University Town Center or in the Downtown area.
Please excuse the temporary pictures until the home is vacated by the "tenant" at the end of May; new photos will be added.
Features
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full
- Laundry: None
- Year Built: 1940
- Heating: Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,803
- Acreage: 0.17
- Est. Taxes: $5,217
- Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
- MLS#: A4693278
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/A4693278/4237sarasotaavenue_sarasota_fl?source=qrflyer
Listing courtesy of EXIT KING REALTY Phone: 941-497-6060
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@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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305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
4237 SARASOTA AVENUE, Sarasota, FL, 34234
$415,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $332,000 | $332,000 | $332,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $435 | $435 | $435 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,988 | $2,071 | $2,735 |
| Total Monthly Payment | $2,498 | $2,581 | $3,245 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388