156 N Blvd Of The Presidents, Sarasota, FL, 34236 | $1,250,000

Classic 1950's bungalow with limitless potential! A clean slate inside invites you to reimagine the space to your taste- whether you are restoring it's vintage character or reimagining it for modern living. Just steps away from world class dining, shopping and the stunning beaches of Lido Key, this bungalow blends historic appeal with UNMATCHED convenience. Boasting original mid-century details, this property features classic bones with spacious living areas, large windows that invite natural light and a prime lot. This is your chance to own a piece of Sarasota’s iconic St. Armand's Circle and transform it into your dream home. This home, while in need of renovation, offers immense potential for those with a vision and an appreciation for one of the most sought-after locations in Sarasota. The generous floor plan provides ample room for reimagining. This is an exceptional opportunity to create a personalized property in one of Sarasota’s most desirable locations. With St. Armand's Circle as your backyard, you’ll enjoy unparalleled convenience and luxury, just steps from the finest boutiques, gourmet restaurants, and Sarasota’s best beaches. Bring your contractor and your creative ideas—this diamond in the rough won’t last long. Don't miss your chance to own a piece of St. Armand's Circle history!

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1953
  • Garage: 1-car
  • Heating: Central
  • Cooling: None
  • Approx Sq. Feet: 1,804
  • Acreage: 0.13
  • Est. Taxes: $13,712
  • Pool: In Ground
  • Appliances: None
  • MLS#: A4630539
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4630539/156nblvdofthepresidents_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 12/4/2024 2:07:48 PM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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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
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Yokadi MejiaInsurance Sales Director, William Raveis Insurance

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Yokadi.Mejia@raveis.com

Our Insurance Division:

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156 N Blvd Of The Presidents, Sarasota, FL, 34236

$1,250,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,000,000 $1,000,000 $1,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.664%
Monthly Tax Payment $1,143 $1,143 $1,143
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,403 $6,403 $8,711
Total Monthly Payment $7,671 $7,671 $9,979

* 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.