Under contract-accepting backup offers. Experience modern bungalow-style living at its finest! This home underwent a complete renovation and update in 2023, prioritizing quality in every detail. This gem exudes a unique character you can truly appreciate, as you step into the fusion of 1960s architecture with the artsy ambiance of 2024, upon opening the elegantly designed beveled glass door, of the front entryway.
Nestled in the historic district of Riverside Park in the City of Sarasota, this hidden treasure showcases just like a model. Enjoy the perks of residing in a location with NO HOA FEES and NO DEED RESTRICTIONS. Rest easy, knowing that this home features all the updates you would hope to see, such as a BRAND NEW ROOF, HURRICANE IMPACT WINDOWS throughout, BRAND NEW HVAC, new stucco, and the home is freshly painted with Sherwin Williams upgraded paint on the exterior and interior of this charming home. Decorative wood molding on the walls further enhances the special features that make this residence truly exceptional.
This home boasts a designer-inspired layout, TURNKEY FURNISHED, with an open floor plan, modern plumbing fixtures, new ceiling fans, and upgraded LED lighting throughout. Cozy setup in this 3-bedroom, 2-bath residence, with a separate laundry room and a washer & dryer. You will experience an inviting vibe in the gorgeous new gourmet kitchen, open to the main living area. It has new stainless steel appliances, white solid wood Cambridge-style cabinetry, and Calcutta quartz countertops.
Enjoy abundant natural light from the insulated hurricane-protected windows, creating a bright and cheerful atmosphere with its desirable North exposure setting. The home is adorned with new luxury vinyl plank flooring throughout, known for its 100% waterproof rating. The new tall baseboards complement the home's overall look, harmonizing with the new flooring.
The beautifully finished bathrooms showcase new porcelain tile designs in both showers, Calcutta quartz countertop in the hallway bath and a pedestal sink in the other. One notable highlight is the unique privacy, as no one can build next door on one side of the property! Revel in the incredible views from your private fenced backyard with the tropical paradise setting, featuring dozens of tall palm trees and a backdrop of a wooded preserve area. Create your dream oasis in the yard, with all the outdoor living space and an 8 x 8 shed included for extra storage!
Embrace the Sarasota lifestyle with only 5 miles to the beach and less than 3 miles to Downtown Sarasota nightlife! The property's strategic location is near educational institutions such as Ringling College of Art and Design, New College of Florida, USF Sarasota-Manatee, and a new school nearby for grades K-5, Dreamers Academy. It is the first school in Sarasota to offer bilingual education! Only 5 minutes from Sarasota Bradenton International Airport (SRQ).
Explore investment opportunities for options with passive income of student housing, Airbnb, or a furnished vacation rental. Ready to go, TURNKEY FURNISHED, MOVE-IN READY!! Short-term rentals are permitted, with the City of Sarasota allowing a 7-day minimum.
Less than 20 minutes to UTC Mall, I-75, and 20 minutes to Lakewood Ranch. Enjoy golf, tennis, pickleball, the amazing Gulf of Mexico beaches, boating, top restaurants, and cultural entertainment venues. This home provides an incredible opportunity to embrace the Sarasota lifestyle!
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $163 | $163 | $163 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,761 | $1,781 | $2,260 |
Total Monthly Payment | $1,999 | $2,019 | $2,498 |
* 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.