Under contract-accepting backup offers. Ideal pool home with NO HOA/NO deed restrictions, attention investors, in the heart of Sarasota! This beautifully designed residence features three bedrooms and two baths, offering a blend of comfort and style. Open-concept living area features a two-sided, painted-brick, wood-burning fireplace, separating the dining and living rooms. The galley kitchen has been recently updated with new appliances, a new kitchen sink, new reverse osmosis drinking water system, and a new garbage disposal. The primary suite is complete with an en-suite bath, while the two additional bedrooms are on the opposite side of the house, sharing a beautifully remodeled bath. Step outside to your private backyard oasis, featuring a built-in pool with a screened pool cage and a new pool pump. The fenced yard provides added privacy, and there's additional parking for an RV or multiple cars. Enjoy peace of mind with hurricane doors and windows, a new well system, and no interior damage from hurricanes Helene or Milton, only some downed trees, according to the owner. A new backyard shed stores the water systems for the pool and the home. Additional upgrades include new interior paint, new shutters, new ceiling fans, new light fixtures and new landscaping. Plus, the home is equipped with a new air conditioning unit that comes with a 10-year warranty. With no deed restrictions and no homeowner’s association, this home offers incredible flexibility for investors and homeowners alike. Ideally located off Fruitville Road, you’ll find convenient access to Interstate 75 and downtown Sarasota, and four miles to University Town Center for shopping, dining and entertainment. Plus, it's only seven miles to St. Armands Circle and eight miles to Lido Key Beach.
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Our Executive Mortgage Banker:
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$525,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $156 | $156 | $156 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,794 | $2,791 | $3,542 |
Total Monthly Payment | $3,042 | $3,039 | $3,790 |
* 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.