1318 Loma Linda COURT, Sarasota, FL, 34239 | $595,000

SEA GRASS COTTAGE is the perfect vacation get away in the amazing location of Loma Linda Park/Arlington Park in SARASOTA FLORIDA. Get ready to be charmed by this lovely turnkey furnished beach house with modern updates. Less than 1 mile to downtown Sarasota & Southside Village, just a stroll or bike ride to the legacy bike trail, Arlington Park with a community pool, trails, dog parks, playground & tennis & basketball. Easy access to St Armands circle, Bayfront Park, museums, theaters, farmer's market, dining, shopping, Mote Marine Aquarium, Selby Gardens, and the many local street festivals and events and vibrant nightlife to be found in Sarasota and surrounding areas. Minutes away from the world class and well-known beaches of Lido key and sugar sand Siesta key. Completely UPDATED cottage is SPECTACULAR with 3 roomy bedrooms, 2 modern full bathrooms, an oversized screened lanai all on a quiet semi-circle street. BEAUTIFUL and functional kitchen lives large with dreamy quartz counters, stainless appliances and a breakfast bar dining space. Luxury vinyl plank flooring throughout the home, quartz countertops, newer windows 2021, newer roof 2018, HVAC 2020, tons of storage with 3 walk- in closets and 2 outdoor closets. The RESORT STYLE back yard is the place to relax with new zoysia sod, freshly landscaped, a custom GAZEBO with a BRAND-NEW HOT TUB and patio, several fun outdoor games like putting green and cornhole, all in a private fenced yard, with a cute picket fence at the back. The lot extends past the picket fence to include the trees and tropical foliage. Non deed restrictive and no Hoa this home allows weekly vacation rentals. Great RENTAL HISTORY with over 10k in future bookings, if the new owner is interested in continuing with the vacation rental. If not interested in continuing the vacation rental business, no worries the future bookings can be transferred to another rental property. Ideal home for primary use, as a 2nd home for snowbirds, as a vacation rental or as an investment, so many options for this darling home. Only a half mile to Sarasota Memorial Hospital, excellent schools and shopping and dining. Surrounded by million-dollar homes, popping up all around this HOT LOCATION with tons of growth, this is an incredible OPPORTUNITY! Live like you are on vacation every day in this fantastic furnished home! NO hurricane damage! She is beautiful and well built!

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 50 x 100
  • Laundry: Laundry Closet, Other
  • Style: Cottage
  • Year Built: 1952
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,004
  • Acreage: 0.15
  • Lot Size: 50 x 100
  • Est. Taxes: $5,375
  • Lot Desc: Landscaped
  • View: Garden
  • Elem. School: Alta Vista Elementary
  • Middle School: Brookside Middle
  • High School: Sarasota High
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4622538
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/A4622538/1318lomalindacourt_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 11/9/2024 12:27:44 AM)
Listing courtesy of PREFERRED SHORE   Phone: 941-999-1179

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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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Our Insurance Division:

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1318 Loma Linda COURT, Sarasota, FL, 34239

$595,000

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 $476,000 $476,000 $476,000
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 7.551% 7.042% 6.160%
Monthly Tax Payment $448 $448 $448
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,167 $3,127 $4,014
Total Monthly Payment $3,707 $3,667 $4,554

* 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.