839 40th STREET, Sarasota, FL, 34234 | $425,000

In Sarasota's desired Indian Beach/Sapphire Shores/Museum District, this unique home offers a tranquil retreat with a manicured, hidden garden entrance that welcomes you to an oasis just moments from the bay and a neighborhood beach known for stunning sunsets. Listed as a one-bedroom, one-bath residence, this home also features a spacious office and bonus room that can easily serve as a second bedroom. All-block construction, filled with charming, original touches like arched doorways and a built-in dresser, the home balances historic appeal with modern updates such as river rock granite countertops, travertine tile floors, and a Rinnai instant gas water heater. The well-designed kitchen provides ample counter space, a dishwasher and a warm ambiance from abundant natural light. Every window is fitted with elegant wooden blinds, creating a cohesive, inviting interior. Outdoor living is elevated with two screened-in porches, an open patio and lush landscaping featuring fruit trees and Florida-friendly tropical plants, providing beauty and privacy. Enjoy a morning coffee on the front screened-in porch or unwind in the garden with a glass of wine, surrounded by nature and occasional visits from neighborhood peacocks and their young. The backyard is fully fenced with a 6-foot wooden fence, including a 10-foot gate opening for easy boat or RV storage. With an Airbnb track record, this property has earned Super Host status, a Customer Favorite badge and an all five-star rating over nine successful years. Ideally close to Jungle Gardens, SRQ Airport, Ringling Museum, Asolo Repertory Theater, Van Wezel Performing Arts Center and Sarasota’s award-winning beaches, you’re also a short distance to Bay Haven School of Basics Plus, one of Sarasota’s top elementary schools. Thoughtfully maintained inside and out, this move-in-ready home offers the ideal blend of privacy, charm and convenience in an idyllic neighborhood full of old Florida charm.

Features

  • Rooms: 7
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 62 x 115
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Bungalow, Cottage, Florida, Ranch
  • Year Built: 1951
  • Heating: Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 831
  • Acreage: 0.16
  • Lot Size: 62 x 115
  • Est. Taxes: $3,633
  • Lot Desc: Landscaped, Near Golf Course, Near Marina, Near Public Transit
  • View: Garden
  • Middle School: Booker Middle
  • High School: Booker High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • MLS#: A4618873
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/A4618873/83940thstreet_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 1/10/2025 3:10:47 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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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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839 40th STREET, Sarasota, FL, 34234

$425,000

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 $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment $303 $303 $303
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,262 $2,291 $2,915
Total Monthly Payment $2,640 $2,669 $3,293

* 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.