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Under contract-accepting backup offers. CHARMING HOME FEATURING A LARGE DETACHEDÂ GARAGE/WORKSHOP, CENTRALLY LOCATED IN THE HEART OF SARASOTA.
Welcome to this meticulously maintained home, featuring a 768 SF detached garage/workshop, previously functioning as a woodworking shop, complete with electricity and AC.
Cambridge offers a quiet and peaceful environment, while still being close to the attractions and features Sarasota has to offer. The home has a fully fenced yard and boasts beautifully maintained landscaping, complemented by mature trees.
Inside the main living areas, you'll find elegant touches such as crown molding, granite countertops, and real wood flooring in both bedrooms and Tile flooring flows throughout the remainder of the property.
The detached garage has been thoughtfully divided into two sections: one side remains a spacious workshop, while the other has been transformed into a separate space with AC—ideal for a workout area, office, den, or bonus room. If preferred, the wall dividing the two spaces can easily be removed to restore the garage to its full, open capacity.
Located in close proximity to the Legacy Trail, Siesta Key, Lido Beach, Downtown Sarasota, desirable restaurants, and shopping. Only 4 miles from Sarasota Memorial Hospital and with quick access to I-75.
Make sure to ask about the income producing potential and rental history.
Schedule a private showing today to explore all the wonderful possibilities this home has to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$390,000
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 | $312,000 | $312,000 | $312,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | $332 | $332 | $332 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,946 | $2,050 | $2,591 |
Total Monthly Payment | $2,353 | $2,457 | $2,998 |
* 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.