tomo logo

$1,999,000

Beds
5
Baths
3.0
sq ft
2,659

263 Lime Cir, Sarasota, FL 34237

263 Lime Cir

SARASOTA, FL 34237

  • 624 days on market
Pre-Construction. To be built. Your opportunity to own your own custom designed home. Vacant land not in a flood zone with custom builder plans to build total $2 million home. This breathtaking lot offers 12,195 sq ft of cleared land, trees and original house removed. Located on a quiet cul-du-sac close to downtown restaurants and shops. A traffic free walk to Payne Park, also a short walk to the Bay Runner trolly which services St. Armands Circle and Lido Beach. The landowner is working with Elegant Custom Homes who will construct a 2,659 sq ft home consisting of the main house plus an attached guest house. The main house has an open floor plan, all on ground level with high ceilings, 10 ft high sliding glass doors overlooking the pool and spa and covered outdoor living area, 3 bedrooms, 2 full baths, foyer, dining room and guest room with fabulous kitchen with Viking appliances, custom cabinets, a large island, quartz counter tops and a walk-in pantry. Laundry room with washer and dryer, wash tub and built-in storage for clothes hanging. 2 tankless instant hot water heaters (one in guest house) and outdoor shower. The attached guest house has living room, kitchenette, 2 bedrooms, each with 8’ high sliding glass doors to pool. Full bathroom, laundry with washer/dryer and separate a/c. All for a package price of $2 million or work with the builder to come up with the home of your dreams; or purchase the land and hire your own builder. The choice is yours, but the result will be spectacular

Details

Property type

Single Family Residence

Est. home value

$168,513

Property condition

New Construction

Lot size

0.28 acres

Price per sq ft

$752

Year built

2025

Annual property taxes

$4,044.22

Price History

08/27/2024
StellarMLS

StellarMLS #A4562867

Price change
$1,999,000
+0.46%
03/04/2023
StellarMLS

StellarMLS #A4562867

Listed
$1,989,900

Schools & Community

Neighborhood: 

Terrace Gardens

Elementary school: 

Alta Vista Elementary

Middle school: 

Booker Middle

High school: 

Sarasota High

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

$1,824,735
Asking price
$1,999,000
Closing costs (~8% of asking)
-$159,920
Est. remaining loan balance
-$14,345
Cash to seller
$1,824,735

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

Seller’s Loan History

Lender

Aletha Jackson

Loan start date

December 2018

Original loan amount

$48,000

Est. remaining balance

$14,345

Interest rate

4.86%

Loan type

Not Provided, 8 year

Seller

Talisa Lashawn Faison

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: 11/17/2024 at 5:45 AM

Listing updated: 08/27/2024 at 5:02 PM

Listed by: Tom Hanly, HANLY ASSOCIATES REALTY Phone #: (941) 374-0976

MLS: StellarMLS #A4562867

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