The prime location of this oversized Lido Key lot offers a dream setting for a vacation home or investment property. Just steps from the best spots in Sarasota, the 14,962 sq ft property is ready for your custom home. This parcel is near the bustling lifestyle of Saint Armands Circle and a one block walk will take you to the pristine shores of Lido Beach. The existing structure built in 1949 is a tear down. An existing out building with separately metered water and electric offers an additional opportunity to also build a pool cabana. Oner will consider financing.
Subdivision:
DERRINGERS RESUB
Utilities
BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Fiber Optics, Natural Gas Available, Public, Sewer Available, Water - Multiple Meters, Water Available, Water Connected
Lot Description:
Buildable, Flood Plain, In County, Landscaped, Level, Near Public Transit, Oversized Lot, Room For Pool
Elementary School:
Southside Elementary
Middle School:
Booker Middle
High School:
Sarasota High
421 Cleveland DRIVE, Sarasota, FL, 34236
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
