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1360 16th STREET, Sarasota, FL, 34236 | $495,000
ROCKING LOCATION NEAR SARASOTA DOWNTOWN. Historic Sarasota Home. 2 bedroom, 1 bathroom with front porch and back deck. Central Coconut Bungalow on large lot- plenty of room for a pool. ROOF 2020, WATER HEATER 2021, A/C 2021, CABINETS 2023, CEMENTED DRIVEWAY 2022, NEW ELECTRIC PANEL 2024, PIPING REPLACED IN KITCHEN AND BATH. LUXURY VINYL PLANK THROUGHOUT.
Extra long driveway for off street deeded parking -- or bring your RV and Boat! With luxury vinyl flooring, crown molding, high ceilings, and tons of windows, this home is extremely light and bright with both old -time charm and modern comforts. Perfect investment property (past tenant paying $2850 a month) or, make it your downtown florida home. Room to add an additional dwelling for added income.
Valencia Terrace in the Central Coconut district is a non HOA, no flood zone, no CDD, urban area that is vibrant, safe, and in the middle of an exciting transformation. This house is situated just north of the Sarasota downtown area called "the Rosemary District". 7 minutes to the wonderful airport, SRQ, only 10 minutes drive to St. Armand's Cirlce and Lido Beach. 1. 6 miles to the center of Downtown Sarasota, 1 mile from THE BAY and THE QUAY of Sarasota and the Van Wezel Performing Arts Center. Situation in the heart of "IT" in Sarasota.
Do not miss an opportunity to invest in a home in a Sarasota area that is being targeted as the next "IT" location to purchase. Check out the fly through to get the vibe. SPECIAL LOAN TERMS AVAILABLE ON THIS HOME DUE TO HOME LOCATION. Ask for more details.
Features
- Rooms: 6
- Bedrooms: 2
- Baths: 1 full
- Lot Size: 60 x 103
- Laundry: Outside
- Year Built: 1939
- Garage: Boat, Driveway, Guest, Oversized
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,092
- Acreage: 0.14
- Lot Size: 60 x 103
- Est. Taxes: $2,790
- Elem. School: Gocio Elementary
- Middle School: Booker Middle
- High School: Riverview High
- Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
- MLS#: A4618625
- Days on Market: 42 days
- Website: https://www.raveis.com
/prop/A4618625/136016thstreet_sarasota_fl?source=qrflyer
Listing courtesy of COLDWELL BANKER REALTY Phone: 941-907-1033
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Florida Insurance TeamInsurance Sales Director, William Raveis Insurance
561.704.7334
FLInsure@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1360 16th STREET, Sarasota, FL, 34236
$495,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
| Monthly Tax Payment | $233 | $233 | $233 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,735 | $2,632 | $3,340 |
| Total Monthly Payment | $3,042 | $2,939 | $3,647 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388