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Auction Property. Discover the potential of this 2-bedroom, 2-bath home featuring a versatile open floor plan designed for comfort and endless possibilities. The spacious layout includes a living room, formal dining space, an additional family room that could easily serve as a third bedroom, home office, or flex space to suit your needs, plus an enclosed porch. The backyard provides a quiet setting with no rear neighbors, creating a peaceful outdoor environment ideal for entertaining, gardening or simply enjoying the Florida lifestyle. With no CDD fees and no deed restrictions, you'll appreciate the flexibility this property provides. Whether you're seeking to create your dream home, a seasonal getaway, or a valuable addition to your investment portfolio, this property offers a chance to customize and bring your vision to life and restore this home to its original beauty and charm. For Buyers who recognize potential and appreciate the rewards of transformation, this is an exciting opportunity not to be missed! Located in the desirable Kensington Park neighborhood in the heart of Sarasota, you'll be just minutes from University Town Center, golf courses, museums, parks, retail, local dining favorites, Sarasota-Bradenton International Airport, downtown Sarasota, St. Armand's Circle, world-renowned Gulf beaches, and convenient access to I-75.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,900
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 | $223,920 | $223,920 | $223,920 |
| 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% | 6.512% | 5.866% |
| Monthly Tax Payment | $99 | $99 | $99 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,341 | $1,397 | $1,845 |
| Total Monthly Payment | $1,515 | $1,571 | $2,019 |
* 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.