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Cash Offers Only. Property is being sold AS-IS and will require a full renovation, making it an excellent opportunity for investors, flippers, or buyers ready to create their dream home. Recent improvements include A/C (2018), hot water heater (2014) and updated windows (2013 & 2014). Shingle Roof was installed in 2004. Most areas of the home are ready for updating. This 3 Bedroom 1 Bathroom Split Plan Layout offers a rare opportunity to own a spacious home situated on an oversized double lot of 15, 485 SF with NO HOA or deed restrictions — bring your boats, RVs, trailers, and recreational vehicles! The property offers exceptional storage and versatility with both an attached oversized 2+ car garage of 621 SF (27x23) and 2 car detached garage of 676 SF (26x26), plus an additional storage closet off of the attached garage (5x16) and an outdoor shed ideal for tools, hobbies, or outdoor equipment. Enjoy Florida living year-round from the large 220 SF screened lanai, offering plenty of room for entertaining, lounge seating, or even a future spa setup. Conveniently located just minutes from shopping, downtown Sarasota, Gulf beaches, dining, and local parks, this property combines privacy, flexibility, and prime location. Owned by only two owners since 1980, this home is filled with potential and ready for its next chapter. Don’t miss this unique opportunity to transform a well-located property with endless possibilities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 |
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|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $376 | $376 | $376 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,679 | $1,747 | $2,325 |
| Total Monthly Payment | $2,130 | $2,198 | $2,776 |
* 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.