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$5,125,000

Beds
4
Baths
4.5
sq ft
3,970

1827 Morris St, Sarasota, FL 34239

1827 Morris St

SARASOTA, FL 34239

  • 3 days on market
    • Open house Jan 05
The “St. Michael” is award-winning Allegra Homes’ 2025 fully furnished model home supremely located just south of downtown Sarasota’s cultural epicenter in the coveted West of Trail area where residents know first-hand what a wonderful community they live in. Prepare to be captivated by the seamless fusion of modern design, artful nuances, and stylish sophistication. Every detail has been curated to create an inviting ambiance of gracious family living for years to come. This Coastal 4 bedroom, 4.5 bath luxury property spans 3,970 sq. ft. of open living offering unrivaled comfort and tranquility. Giving the home a feeling of expansiveness, the grand foyer opens to reveal the great room’s 2-story wood-beamed ceiling highlighted by a gorgeous chandelier. Clerestory windows fill this room with natural light and a wall of glass sliders frames the alluring outdoor living area, inviting the outside in. The entire back of the home is dedicated to the screen enclosed space offering a heated saltwater pool/spa, covered dining and lounging areas with large screen TV, and year-round kitchen with deluxe cooking amenities. While enjoying a glass of wine, the evening sky hosts unforgettable sunsets painted in vibrant hues of yellow, red and orange. This fascinating oasis is accessible through a wall of glass sliders from the bonus room offering a wet bar and pool bath. The backyard is fenced for privacy and safety, and the lush landscape has been professionally designed and executed to perfection. An elaborate island kitchen is specially-equipped with the best in luxury appliances and will satisfy every desire of your home chef. The aptly sized dining room with a built-in buffet and lovely pool view will become a favorite spot to savor time spent with family and friends. The primary suite with adjoining study is a true retreat from the ordinary with an amazing drop tray tongue-and-grove ceiling, relaxed sitting area, direct access to the pool, expansive walk-in closet, separate double vanities, and a tastefully tiled stall encompassing both a rainfall shower and glamorous soaking tub within its 8 ft. glass walls. The elegant staircase with floating steps and glass railing takes you to a second bonus room, 2 additional bedrooms and a bath. So many other great features are included like a 3-car garage, custom light fixtures and fan, hurricane impact Low-E windows and sliding doors, stone faced TV wall in great room flanked on both sides with beautifully lit glass shelves, separate A/C system for the owner’s wing, optional elevator shaft or wine room, paver drive and walks, hidden pantry Aand irrigation system. For families with elementary age children, it’s just a short walk or bike ride to top-ranked Southside School. Their exemplary academic achievements have garnered them as a National Blue Ribbon School. You’ll love to explore nearby Southside Village, a stroll-around shopping district where you’ll discover an eclectic blend of galleries, trendy boutiques, a popular gourmet market, and restaurants and taverns with sidewalk seating. This fresh and newly built residence is the outstanding creativity and vision of Sarasota’s premier custom builder, Allegra Homes. 1827 Morris Street is truly a unique opportunity among Sarasota’s new luxury home market and must be experienced in person to be fully appreciated. 2 year 6% annual Lease Back.

Details

Property type

Single Family Residence

Est. home value

$407,908

Property condition

New Construction

Lot size

0.31 acres

Price per sq ft

$1,291

Year built

2025

Annual property taxes

$10,324

HOA

No

Price History

01/02/2025
StellarMLS

StellarMLS #A4628181

Listed
$5,125,000
+361.3%
06/30/2023
StellarMLS

StellarMLS #A4566849

Sold
$1,111,000

Schools & Community

Neighborhood: 

South Poinsettia

Elementary school: 

Southside Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Sidewalks

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

$4,325,271
Asking price
$5,125,000
Closing costs (~8% of asking)
-$410,000
Est. remaining loan balance
-$389,729
Cash to seller
$4,325,271

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

Seller’s Loan History

Lender

Canopy Mortgage Llc

Loan start date

June 2023

Original loan amount

$396,682

Est. remaining balance

$389,729

Interest rate

6.35%

Loan type

FHA, 30 year

Seller

James Dutremaine and Adneris Guevara Aguila

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?

Status: Active

Tomo last checked: 01/05/2025 at 3:55 AM

Listing updated: 01/04/2025 at 4:16 PM

Listed by: Karen Greco, GRECO REAL ESTATE Phone #: (941) 685-0449

MLS: StellarMLS #A4628181

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