tomo logo

$199,000

Beds
2
Baths
2.0
sq ft
1,049

1861 Toucan Way Unit 1203, Sarasota, FL 34232

1861 Toucan Way Unit 1203

SARASOTA, FL 34232

  • 181 days on market
    • Price drop $6,000↓
LOCATION, LOCATION! LOCATION! This beautiful two bedroom, two bath condo has everything you need. Located across from The Palms Golf Club at Forest Lakes. Featuring a bright airy kitchen, recessed lighting, Whirlpool Appliance Suite and tons of cabinet space! The dining area has a custom built in wet bar with two wine fridges and display cabinetry. The open living and dining areas lead to a large outdoor balcony overlooking the pool and gardens - a favorite oasis. The primary and secondary bedroom has plenty of closet space shelving. The main bathroom features a jacuzzi tub while the secondary en-suite bath features a beautiful glass door enclosure. The entire condo features crown molding throughout, bamboo flooring in the dining and living room area, and a well-maintained resort-style deep pool with a clubhouse and gym. There is plenty of free parking for visitors! Close to the Legacy Trail, shopping, entertainment and more with a quick distance to Siesta Key in one direction and I-75 in the other, it's hard to beat how centrally located it is! Recent improvements include replacement of the HVAC (2021), new carpeting in bedrooms (2021) and condo fully repainted (2023). Call to make an appointment to view today! Sellers highly motivated bring all offers!

Details

Property type

Condominium

Est. home value

$227,543

Lot size

Unknown

Price per sq ft

$190

Year built

1970

Annual property taxes

$2,416

HOA

Yes

Price History

02/26/2025
StellarMLS

StellarMLS #TB8308775

Price change
$199,000
-2.93%
02/18/2025
StellarMLS

StellarMLS #TB8308775

Price change
$205,000
-5.09%
02/02/2025
StellarMLS

StellarMLS #TB8308775

Price change
$216,000
-2.7%

Schools & Community

Neighborhood: 

Sarasota Springs

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Pool

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

$53,861
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$129,219
Cash to seller
$53,861

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

December 2021

Original loan amount

$138,750

Est. remaining balance

$129,219

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Stuart B Davidson and Janelle R Gilbert

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: 03/31/2025 at 7:05 AM

Listing updated: 02/27/2025 at 8:33 PM

Listed by: Peter Klein, COLDWELL BANKER REALTY Phone #: (813) 253-2444

MLS: StellarMLS #TB8308775

StellarMLS logo

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