Nestled in the heart of the vibrant Gillespie Park neighborhood, this beautifully restored Florida-style home offers the perfect blend of historic charm and modern convenience. With its picturesque front porch, the property invites you to enjoy the serene surroundings while being just minutes from downtown Sarasota. This welcoming residence boasts a beautifully updated living space in a prime location. Step inside to discover an open-concept layout with abundant natural light, highlighting the beautiful porcelain tile floors and high ceilings. The spacious living room flows seamlessly into the dining area and gourmet kitchen, complete with Samsung stainless steel appliances, custom cabinetry, quartz countertops, and a versatile eat-in island that combines a traditional kitchen island with a dining area. The primary suite offers a tranquil retreat with walk-in closet and a luxurious en-suite bathroom featuring walk-in glass-enclosed shower and dual sink vanity with Moen fixtures. Two additional bedrooms provide ample space for family or guests, each with generous closet space. Both the primary and secondary bathrooms have been elegantly updated with new Moen fixtures, designer tiles, and plenty of storage space with the second bathroom also having a bathtub. A laundry closet is positioned in the hallway designed to maximize space and efficiency. Enjoy the sunrise from the beautiful lanai located in the front on the house. Relax in your own private yard with fresh landscaping, an area for your pets, and garden. The new circular paver driveway includes space for two or more cars offering convenience and functionality. This home was fully remodeled in 2024 and features new impact windows and doors, a metal roof, spray foam insulation, updated plumbing and electrical, paint, flooring, and a high-efficiency HVAC system to reduce energy costs and increase comfort year-round. On the investment side, short term rentals such as VRBO and AIRBNB perfect for the area as well. With many thriving short term rentals nearby this one is sure to stick out with it's fresh remodel and proximity to local attractions. Located in the vibrant Gillespie Park neighborhood, known for its walkable streets, dog-friendly parks, and a strong sense of community. Just a short stroll from local parks, trendy cafes, and boutique shops. Enjoy the best of Sarasota living with nearby cultural attractions, pristine beaches, and top-rated schools.
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$698,000
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 | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,715 | $3,668 | $4,709 |
Total Monthly Payment | $4,157 | $4,110 | $5,151 |
* 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.