Under contract-accepting backup offers. One or more photo(s) has been virtually staged. BACK ON MARKET after buyer failed to perform. GREAT VERSATILE HOME with MOTHER-IN-LAW SUITE with it's own private entrance. Welcome to this exceptional home in the heart of Sarasota Springs! Ideally located just off Bee Ridge Rd. , you'll enjoy the convenience of being minutes from Siesta Key and Lido Key beaches, Downtown Sarasota, St. Armands Circle, and easy access to I-75. This spacious 3-bedroom, 3-bathroom property includes a fantastic 1-bedroom, 1-bathroom mother-in-law suite with a separate entrance, its own kitchen, laundry room, water heater, and central AC, offering ultimate privacy and flexibility of space.
The main house boasts an expansive bonus room that could easily serve as a 4th bedroom or a home office. Updates include luxury vinyl plank flooring, granite countertops, and nearly all impact windows (only 2 are non-impact in the garage and primary bathroom). The home also features newer AC units (installed within the last year), a new roof in 2022, updated plumbing, including the main home that has been updated and sleeved and new PVC plumbing in the addition along with all new ductwork and insulation in the attic for improved energy efficiency.
Step outside to enjoy the large, private, vinyl-fenced backyard with lush green grass, perfect for outdoor activities. The spacious covered and screened-in lanai is ideal for relaxing or entertaining, and a charming front porch adds to the curb appeal of this beautiful home.
The addition of the mother-in-law suite was completed in November 2023, making this home move-in ready with modern updates throughout. Don’t miss your opportunity to own this versatile Sarasota gem!
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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 | $363,920 | $363,920 | $363,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $288 | $288 | $288 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,421 | $2,419 | $3,069 |
Total Monthly Payment | $2,784 | $2,782 | $3,432 |
* 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.