tomo logo

$799,000

Beds
4
Baths
3.5
sq ft
3,382

1705 Wharf Rd, Sarasota, FL 34231

1705 Wharf Rd

SARASOTA, FL 34231

  • 95 days on market
    • Price drop $41,000↓
NOT in a Flood Zone...and has been high and dry! $130k+ in updates over the last year. This stunning property, located in the charming neighborhood of Tropical Shores in Sarasota, Florida, offers an unparalleled blend of luxury living and coastal charm. Nestled amongst the picturesque shores of Sarasota Bay, this meticulously maintained residence boasts four bedrooms and four bathrooms, providing ample space for comfortable living and entertaining. Step inside to discover an elegant interior featuring a recently updated kitchen and bathrooms, hardwood floors, new carpet, plenty of storage and abundant natural light. The heart of the home is undoubtedly the gourmet kitchen, where culinary enthusiasts will appreciate top-of-the-line appliances, custom cabinetry, and quartz countertops. Gather with loved ones in the spacious living area or step outside to your own private oasis, perfect for enjoying the Florida sunshine year-round and in the evening, watch the sunset paint the sky in hues of orange and pink. Plenty of space outside for all your toys, so bring your boat! And let's not forget your four-legged family as this home is perfect for your furry pets with a dog door in the laundry room that goes right into a large, fenced-in dog run. This home is perfect for entertaining or simply relaxing in your slice of paradise and is SITUATED ON ALMOST 1/3 ACRE with a spacious FENCED YARD PLUS A SHED FOR EXTRA STORAGE OR A WORKSHOP. Beyond the property's exquisite features, residents of Tropical Shores enjoy a coveted lifestyle filled with an array of recreational opportunities. Explore the pristine beaches of Siesta Key just minutes away, or embark on a boating adventure by joining the local association (not required) where you can dock your boat. Indulge in world-class dining, shopping, and entertainment options in downtown Sarasota, all within easy reach. Don't miss out on this opportunity to make every day feel like a vacation! Schedule your private showing of 1705 Wharf Rd today and make your coastal dreams a reality!

Details

Property type

Single Family Residence

Est. home value

$783,293

Lot size

0.29 acres

Price per sq ft

$237

Year built

1994

Annual property taxes

$4,837

HOA

No

Price History

10/17/2024
StellarMLS

StellarMLS #A4623763

Price change
$799,000
-4.88%
10/14/2024
StellarMLS

StellarMLS #A4623763

Removed
$840,000
09/18/2024
StellarMLS

StellarMLS #A4623763

Listed
$840,000

Schools & Community

Neighborhood: 

Vamo

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$370,455
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$364,625
Cash to seller
$370,455

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

T2 Financial Llc

Loan start date

February 2023

Original loan amount

$372,500

Est. remaining balance

$364,625

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Joseph Eric Thomas and Emily Anna Thomas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 9:25 AM

Listing updated: 12/19/2024 at 10:51 AM

Listed by: Matthew Hickey, LIVING VOGUE LLC Phone #: (800) 486-1794

MLS: StellarMLS #A4623763

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