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Charming Sarasota Bay-View Cottage with Timeless Character and Modern Comforts
418 Edwards Dr, Sarasota, FL 34243
2 Beds | 1 Bath | 1, 403 Sq Ft | . 39 Acre Lot | No HOA
Welcome to a slice of Sarasota’s coastal charm! Nestled right along the shimmering waters of Sarasota Bay and across from the Sarasota-Bradenton International Airport, this beautifully maintained 1950s single-family cottage offers the rare blend of original character, recent updates, and flexible use potential—all on an expansive . 39-acre lot with NO HOA restrictions.
Step onto the welcoming front porch and into a light-filled living room, where oversized windows, a cozy wood-burning fireplace, and a built-in bookcase instantly make you feel at home. The open-concept flow continues through a dedicated dining space and into the modernized kitchen—fully remodeled in 2018 with sleek cabinetry, updated appliances, and plenty of counter space to bring your culinary ideas to life.
The home’s engineered bamboo flooring, installed throughout in 2018, brings warmth and continuity to the entire home. A central hallway leads to two well-appointed bedrooms, thoughtfully separated for privacy. The updated full bathroom with stand alone shower and a tub, conveniently located at the start of the hallway, makes it convenient for guests and everyday use for the residents.
Out back, you’ll find where this home truly shines. The generously sized backyard, surrounded by a new fence (2024), features a deck right of the kitchen exit, which was installed in 2019—perfect for hosting family gatherings or quiet evenings under the stars. The family’s favorite memories were made here, from backyard parties to playing with their children & pets, and now it’s ready for the next chapter.
Enjoy a partial view of Sarasota Bay, mature landscaping, and a sense of peaceful seclusion—all while having room to build a detached garage, store your RV or boat. Although this home has never been rented out, BUYERS SHOULD EXPLORE THE PROPERTY’S POTENTIAL AS AN INCOME-PRODUCING RENTAL, making it a fresh opportunity for a savvy investor or someone looking to enjoy Florida living full-time.
Major System & Structural Highlights:
New HVAC system and attic insulation (2024)
New fencing (2024)
Roof replaced (2015)
Water heater (2018)
Updated electrical (2017)
Updated plumbing (2018)
Water filtration system (2021)
9 impact-resistant hurricane windows (2019)
Exterior painted (2023)
All appliances included—washer/dryer too!
LOCATION, LOCATION, LOCATION!
Perfectly positioned near it all—enjoy:
Walkable paths to the Powell-Crosley Estate & USF Sarasota/Manatee Campuses.
1 min to SRQ Airport
5 mins to Ringling Museum & New College of Florida
10 mins to Downtown Sarasota
15 mins to St. Armands Circle & Lido Beach
Easy access to University Town Center, shops, and dining
Minutes to cultural hubs, marinas, parks, and more!
Whether you’re looking for a peaceful Florida retreat, a strategic investment, or a home with room to grow, this lovingly maintained residence checks all the boxes—with no HOA limits to your imagination.
Don’t miss the chance to own a truly special home in one of Sarasota’s most convenient and scenic locations!
Preferred Lender Luke McFarland from Select Lending Services is offering 1% of the loan amount as a lender credit towards closing costs or interest rate buy-downs on this specific home.
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:
$420,000
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 | $336,000 | $336,000 | $336,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $240 | $240 | $240 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,069 | $2,122 | $2,790 |
| Total Monthly Payment | $2,384 | $2,437 | $3,105 |
* 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.