Welcome to this charming 2-bedroom, 1-bathroom single-family home located at 3826 Rilma Ave in Sarasota, FL. Built in 1951, this cozy 888 square foot residence offers a perfect blend of vintage charm and modern convenience. The home features a spacious living area, a well-appointed kitchen with essential appliances, and a comfortable dining space. The bedrooms are generously sized, providing ample space for relaxation and rest.
Situated on a 5, 995 square foot lot, the property boasts a lovely yard, perfect for outdoor activities and gardening. The home also includes a 1-car garage, providing convenient parking and additional storage space. Located in a quiet neighborhood, this home offers easy access to local schools including Booker known for it's high level performing arts program and the new Dreamers Academy the only bilingual charter school. The easy access to US 41 and University Parkway make the location ideal with an abundance of shopping including the UTC mall, proximity to Sarasota's famous Ringling Museum and Jungle Gardens, restaurants, and parks, making it an ideal choice for families and individuals alike.
Don't miss the opportunity to make this delightful home your own. Schedule a viewing today and experience the charm and comfort of 3826 Rilma Ave. This home is currently a rental with a long term renter in place who is open to staying. They are currently paying $1695 and their lease ends 4/30/25 however there is an exit clause for the landlord in the lease which requires a 30 day notice if the home sells. It would also be ideal as a starter home or an airbnb.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$278,000
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 | $222,400 | $222,400 | $222,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $221 | $221 | $221 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,480 | $1,478 | $1,907 |
Total Monthly Payment | $1,776 | $1,774 | $2,203 |
* 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.