2481 W Milmar DRIVE, Sarasota, FL, 34237 | $525,000

Under contract-accepting backup offers. Looking for that perfect, bright gem of a home in one of the most sought-after cities on Florida’s West Coast? Now is your opportunity to snatch up this stunning property in Sarasota! Lovingly and thoughtfully renovated over several years, this 3 bedroom/ 2 bath plus large Florida Room home has it all. BRAND NEW ROOF installation was completed December 2024 and NEW AC installed June 2024! Entire home was REPLUMBED and NEW ELECTRICAL in 2017! Located in one of the most centrally located neighborhoods in downtown Sarasota, this Paver Park home has it all. Not located in any mandatory flood zone (Flood zone X) and No HOA! As you approach this home, you notice the extra-long driveway and oversized home site with a stunning Live Oak. The soaring ceilings greet you as soon as you step inside, with all the natural light pouring into this home! The kitchen has been thoughtfully designed, with pullout drawers built into the cabinets for easy access and optimized storage, and even pull-out drawers in your pantry cabinet! Stunning granite counters and a large center island, perfect for entertaining. Large farmhouse sink, modern white cabinets with soft-close drawers, and stainless-steel appliances. Just beyond that is your Florida room hugged by windows, it’s the perfect place to tend to your beautiful indoor plants, create artwork and enjoy your backyard views. On the left wing of the home, you’ll find an oversized secondary bedroom with ample closet space, a beautiful secondary bath with white subway tile, custom built-in niches, and multiple storage spaces in the hallway. Beyond that is the Primary Bedroom with more soaring ceilings, and a beautiful, modern, zero-entry walk-in shower in the Primary Bath. On the opposite side of the home is another oversized bedroom with an enormous walk-in closet. At the back of the home is your separate laundry room with an access door to your side yard. Important upgrades include special hurricane tie-down strapping from the roof down to the foundation, and the HURRICANE IMPACT WINDOWS (with the exception of the Florida room which has double pane windows). Outside, enjoy the large private fully fenced yard and multiple garden beds. The heart of Downtown Sarasota is just around the corner, where you can enjoy a plethora of restaurants, shopping, entertainment, arts & culture and nightlife. Just minutes from Siesta Key, St Armands, and Lido Key! If you love being outdoors, hop on the Ringling bike path one block away, or enjoy Legacy Trail- a 23. 2-mile multi-use recreational trail that connects Venice and Sarasota. Take the paddleboard, kayak or boat out at any of the multiple marinas and launches just minutes away. Multiple parks are all short distance away too. If you’re a commuter, the interstate is only 4 miles away!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 1954
  • Garage: Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,603
  • Acreage: 0.21
  • Est. Taxes: $3,033
  • Elem. School: Alta Vista Elementary
  • Middle School: Booker Middle
  • High School: Sarasota High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4632523
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/A4632523/2481wmilmardrive_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 12/27/2024 11:47:07 AM)
Listing courtesy of RADINKA INTERNATIONAL RLTY LLC   Phone: 941-962-4072

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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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2481 W Milmar DRIVE, Sarasota, FL, 34237

$525,000

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 $420,000 $420,000 $420,000
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 $253 $253 $253
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,901 $2,830 $3,573
Total Monthly Payment $3,246 $3,175 $3,918

* 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.