1477 S School AVENUE, Sarasota, FL, 34239 | $549,900

One or more photo(s) has been virtually staged. Welcome to the highly coveted Arlington Park neighborhood where homeowners revel in the freedom from HOA restrictions. Surrounded by million-dollar residences and new developments, this is your chance to live comfortably now and capitalize on the land's value when the time is right for you to build your new future home or investment property.
Step inside the newly renovated 3 bedroom, 1 bathroom home that features new wood-look tile flooring throughout. The European-style kitchen has custom cabinetry, granite countertops, breakfast island and stainless steel appliances. Freshly painted bedrooms with new ceiling fans and sleek sliding glass closet doors. The main bathroom indulges with a floor-to-ceiling, walk-in tiled shower, new double vanity, and chic modern lighting. Convenient second entrance leading to a covered parking space and a drop zone for all your outerwear, alongside laundry facilities, with room for a second bathroom. Entertain on the new paver patio overlooking the beautiful completely fenced in backyard. For those dreaming of a pool oasis, plans are available along with a trusted contractor for seamless execution for $65, 000, see the example photos of the pool site area on the property. Discover endless possibilities with a large shed offering space for an art studio, workshop, pool cabana or recreational toy storage. New irrigation system maintains the lawn in the front and back yards, and landscaping. No HOA, means you have ample space for accommodating all your recreational toys. This home has great potential to be an AirBNB for an income producing property. Residents enjoy exclusive access to Arlington Park amenities including lap and instructional pools, basketball and tennis courts, playgrounds, outdoor fitness areas, trails, and a dog park. Just blocks away from Sarasota Memorial Hospital.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 1 full
  • Lot Size: 70 x 115
  • Laundry: Laundry Room
  • Style: Ranch
  • Year Built: 1955
  • Garage: Driveway, Oversized
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,297
  • Acreage: 0.18
  • Lot Size: 70 x 115
  • Est. Taxes: $792
  • Lot Desc: City Lot, Irregular Lot, Landscaped, Near Public Transit, Oversized Lot
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4622744
  • Days on Market: 54 days
  • Website: https://www.raveis.com
    /prop/A4622744/1477sschoolavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/19/2024 3:47:09 PM)
Listing courtesy of COPPOLA REALTY GROUP   Phone: 941-918-4785

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1477 S School AVENUE, Sarasota, FL, 34239

$549,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $439,920 $439,920 $439,920
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 $66 $66 $66
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,890 $2,924 $3,710
Total Monthly Payment $3,048 $3,082 $3,868

* 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.