342 Suwanee AVENUE, Sarasota, FL, 34243 | $499,000

Under contract-accepting backup offers. Charming Mid-Century Retreat Near Sarasota Bay
Nestled on a spacious lot just two blocks from Sarasota Bay, this lovingly maintained 1955 home is brimming with character, offering a rare blend of privacy, flexibility, and lifestyle opportunities.
Warm & Inviting Spaces
With two cozy bedrooms and three thoughtfully designed bathrooms, this home provides a perfect layout for comfortable living. Each room is filled with natural light, enhancing the warmth of its traditional design.
Private Mother-in-Law Suite
One of the standout features of this property is the private mother-in-law suite, complete with its own entrance and parking area. This suite offers incredible versatility for multigenerational families, visiting guests, or even as a source of rental income—whether for long-term tenants, short-term vacationers, or visiting academics from nearby New College or USF.
Expansive Outdoor Potential
Situated on an extra-large lot shaded by mature trees, the property offers a serene, private retreat with endless outdoor possibilities. Whether envisioning a future pool, an outdoor kitchen, or a custom garden oasis, this yard is ready to bring your ideas to life.
A Prime Location for Arts & Recreation Lovers
Located just minutes from downtown Sarasota, this home places you at the heart of an extraordinary lifestyle. Stroll through the Ringling Museum’s art galleries, enjoy performances at the Asolo Theater, or savor exquisite dining options in downtown’s vibrant restaurant scene—all just a short drive away. With Sarasota Bay around the corner, your weekends could be filled with scenic walks, kayaking, and sunsets over the water.
Perfect for Every Stage of Life
Whether you’re looking for a peaceful seasonal retreat, a versatile family home, or a property with income potential, this residence offers it all. You will find the layout and location ideal, with easy access to SRQ Airport, top universities, and all that Sarasota has to give.
Experience Life in a Home that Grows with You
Don’t miss out on this unique opportunity to make this charming property your own. Imagine life in a home that welcomes everyone and opens doors to countless possibilities.
Schedule Your Private Tour Today!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 100 x 193
  • Laundry: Inside, Laundry Closet
  • Style: Ranch
  • Year Built: 1955
  • Garage: Driveway, Tandem
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,927
  • Acreage: 0.44
  • Lot Size: 100 x 193
  • Est. Taxes: $1,528
  • Lot Desc: In County, Near Public Transit, Sidewalk
  • View: Garden, Park/Greenbelt
  • Pet Policy: Yes
  • Appliances: Cooktop, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
  • MLS#: A4626446
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4626446/342suwaneeavenue_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 12/23/2024 4:30:10 AM)
Listing courtesy of LPT Realty   Phone: 877-366-2213

William Raveis Family of Services

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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

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
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

342 Suwanee AVENUE, Sarasota, FL, 34243

$499,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $127 $127 $127
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,689 $2,653 $3,367
Total Monthly Payment $2,891 $2,855 $3,569

* 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.