Super Cute Bungalow with Modern Guest Cottage!
Welcome to the Bungalow, a beautifully updated 2-bedroom, 1-bath home, full of charm and modern touches. Recent upgrades include a kitchen remodel in 2023 and a bathroom remodel in 2024, ensuring stylish and functional living spaces. New windows and door supply enhanced efficiency and peace of mind. Tile flooring throughout the home brings a seamless and low-maintenance touch to the interior. The AC was replaced in 2024 and the roof installed in 2020, complete with hurricane strapping for added safety and durability. The Bungalow was totally repiped with new water supply and sewer lines in 2023. Also included are Kevlar hurricane protection panels for the windows. No worries here as this structure is block not wood!
The beautiful 2023-built accessory cottage is a modern, efficient home with vaulted ceiling, one bath, kitchenette, large loft with sleeping quarters above and below. Both the lower and upper sleeping areas can accommodate queen size beds. A full-size washer and dryer and tankless water heater has also been added for convenience. Perfect as a mother-in-law suite, guest space, or rental property. The cottage boasts a durable block structure up to the roof with rake beams for added strength. Impact windows and door bring security and curb appeal to the outside of the cottage.
Both dwellings feature separate utilities for added convenience, a fenced backyard for privacy, and ample parking for you and your guests. Situated near the Pine Craft Community, this location offers a peaceful yet vibrant neighborhood setting with a short drive to beaches and downtown Sarasota. There are also parks and the Legacy Trail within walking and biking distance from the property. Whether you're hosting guests, entertaining friends, or looking for a lucrative rental opportunity, this property offers incredible flexibility and potential. Don’t miss this rare find—schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $373 | $373 | $373 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,503 | $3,456 | $4,385 |
Total Monthly Payment | $3,968 | $3,921 | $4,850 |
* 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.