6451 Elmwood AVENUE, #H, Sarasota, FL, 34231 | $400,000

This rarely available, fully furnished two-bedroom, two-bathroom second-floor vacation condo is ideally located just half a mile from Siesta Key’s world-famous Crescent Beach. Perfect for those seeking a convenient retreat near the beach with the added benefit of flexible weekly rental potential, this property offers a blend of comfort, charm, and investment value. Bright and inviting, the condo features an open-concept kitchen and living area with tasteful updates, cool tile floors, and ceiling fans for easy coastal living. The spacious screened lanai creates the perfect space for relaxing or dining outdoors, while one of the bedrooms includes a small balcony for added charm. Turnkey furnished, this unit is ready for immediate use or rental, making it an excellent opportunity to enjoy or generate income. The boutique-style complex provides a quiet, residential feel, far removed from the hustle of larger high-rise communities. On-site amenities include a sparkling swimming pool and beautifully maintained landscaping. Just a short stroll or bike ride over the Stickney Point Bridge, you’ll find Crescent Beach and Beach Access 12, where you can enjoy the famous Point of Rocks, known for snorkeling and stunning sunsets. South Siesta Key Village is also nearby, offering a variety of dining, shopping, and entertainment options. One of this property’s standout features is its convenient location at the gateway to Siesta Key. Close enough to enjoy the island’s beaches and amenities, it also offers the advantage of avoiding the congestion of bridge traffic—a rare and desirable benefit. Whether heading to the beach, exploring local attractions, or venturing further into Sarasota, this condo offers seamless access to it all. Pet-friendly and with flexible rental policies, this property accommodates vacationers looking for a relaxing getaway with the convenience of bringing their furry companions. Its location, intimate community feel, and rental potential make it a smart choice for those looking to enjoy the Siesta Key lifestyle while offsetting ownership costs. Don’t miss this opportunity to own your piece of paradise. With its unbeatable location and versatile appeal, this condo is ready to be your gateway to Siesta Key living. Make your dream a reality today!

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Laundry Room
  • Complex: ISLAND REACH
  • Year Built: 1949
  • Common Charge: $2,408 Quarterly
  • Approx Sq. Feet: 966
  • Est. Taxes: $2,624
  • Lot Desc: In County, Landscaped, Near Public Transit
  • View: Trees/Woods
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4630297
  • Days on Market: 19 days
  • Buyer Broker Compensation: 3.00%
  • Website: https://www.raveis.com
    /raveis/A4630297/6451elmwoodavenue_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 12/28/2024 8:04:30 PM)

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6451 Elmwood AVENUE, #H, Sarasota, FL, 34231

$400,000

Dawn Bear

Luxury Properties Specialist

William Raveis Real Estate

Phone: 941.468.7224

Dawn.Bear@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 $320,000 $320,000 $320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $219 $219 $219
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,210 $2,156 $2,722
Total Monthly Payment $2,504 $2,450 $3,016

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.