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Welcome to Canopy Cottage—a beautifully restored and fully furnished slice of Old Florida charm, located in one of Sarasota’s historic “Canopy Road” neighborhoods. This turnkey property has been thoughtfully renovated from the ground up by a residential architect, making it the perfect blend of historic character and modern convenience. Whether you're looking for a short-term rental investment, seasonal retreat, or full-time residence, this home checks all the boxes for easy ownership and strong rental potential. Originally built circa 1945, the home underwent a complete renovation in 2019–2020 with all-new plumbing, electrical, HVAC, ductwork, and reimagined spaces that make every inch feel purposeful and spacious. In December 2024, brand new, high-quality flooring was installed throughout the home, giving it a fresh and stylish feel from the moment you step inside. Designed with efficiency in mind and inspired by the “Not So Big House” philosophy, this cottage lives larger than its footprint suggests. The home is offered fully furnished—including linens, kitchenware, décor, and tech—making it ready for immediate occupancy or listing on Airbnb. No HOA, no water bill, and low-maintenance landscaping mean minimal overhead for investors. The kitchen is completely new and reconfigured with white shaker cabinets, sea glass knobs, high-design countertops, stainless steel appliances, retro microwave, under-cabinet lighting, pull-out trash and recycling, and a floating glass range hood. Adjacent is a stylish home office area and laundry with a new full-size washer/dryer. Smart-home features include high-speed WiFi, Nest Hello video doorbell with facial recognition, Nest-Yale keyless entry, Nest Protect smoke/CO detectors, Nest outdoor cam, SIMPLISAFE security system, smart water heater with remote monitoring, and Bluetooth speakers in the bathrooms. Every function of the home can be monitored and managed remotely—ideal for investors managing from afar. Enjoy outdoor living with two fully screened and furnished porches (including a porch swing), an enclosed outdoor shower with hot/cold water, a fire pit lounge, a cast stone picnic table with umbrella, and a patio with a propane grill. A divided storage shed offers space for guest beach gear on one side and owner storage on the other. Located minutes from Siesta Key beaches, downtown Sarasota, shopping, dining, parks, and the Legacy Trail, the property is also adjacent to a county-owned, unbuildable lot—offering privacy and peace of mind. This quiet, eclectic neighborhood is in transition, making it a smart buy in a growing area. With no deferred maintenance, brand new flooring, all major systems upgraded, and a proven track record as a vacation rental, Canopy Cottage offers a rare opportunity to step into a low-maintenance, high-appeal investment in the heart of Sarasota. **THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. **
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,000
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 | $287,200 | $287,200 | $287,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $289 | $289 | $289 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,815 | $1,887 | $2,404 |
Total Monthly Payment | $2,179 | $2,251 | $2,768 |
* 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.