tomo logo

$599,900

Beds
3
Baths
2.0
sq ft
1,297

2871 Bahia Vista St, Sarasota, FL 34239

2871 Bahia Vista St

SARASOTA, FL 34239

  • 74 days on market
    • Price drop $25,000↓
INCOME-PRODUCING PROPERTY WITH INCREDIBLE FLEXIBILITY! TWO HOMES, ONE PARCEL, IN A DESIRABLE LOCATION! This unique property offers the opportunity to live in one unit while renting the other. For maximum income, rent both or use the guest cottage as a mother-in-law suite or private space for visitors.?Situated near the highly sought-after Pine Craft community, this property is surrounded by charming shops, delicious restaurants, serene parks, and the popular Legacy Bike and Walking Trail. Welcome to the Bungalow, a beautifully updated 2-bedroom, 1-bath home, full of charm and modern touches. ALL THE HARD WORK IS DONE! Updated kitchen remodel in 2023 and bathroom remodel in 2024. New windows and interior door, and tile flooring throughout. The AC replaced in 2024, and the roof was installed in 2020, complete with hurricane strapping for added safety and durability. Water supply and sewer lines in repiped in 2023. The Cozy Cottage built in 2023 is a modern, efficient home with a vaulted ceiling, one bed, one bath, and large loft space for additional sleeping. A lovely kitchenette and full-size washer and dryer with tankless water heater. Both dwellings feature separate utilities for added convenience, a fenced backyard for privacy, and ample parking for you and your guests. The 2-Bed/1-Bath Bungalow is currently booked as Airbnb-Short Term Rental through the end of March. Don’t miss this rare find—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$398,561

Lot size

5,582 sq ft

Price per sq ft

$463

Year built

1948

Annual property taxes

$4,478.67

HOA

No

Price History

02/17/2025
StellarMLS

StellarMLS #A4631978

Price change
$599,900
-4%
02/03/2025
StellarMLS

StellarMLS #A4631978

Price change
$624,900
-2.21%
01/15/2025
StellarMLS

StellarMLS #A4631978

Price change
$639,000
-1.69%

Schools & Community

Elementary school: 

Alta Vista Elementary

Middle school: 

Brookside Middle

High school: 

Sarasota High

Community features: 

Park, Playground, 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

$422,982
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$128,926
Cash to seller
$422,982

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

February 2020

Original loan amount

$143,200

Est. remaining balance

$128,926

Interest rate

3.72%

Loan type

New Conventional, 30 year

Seller

Robin Ann Wild and Randall Eric Wild

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?

Similar Homes Nearby

Price drop
StellarMLS
$649,900
3 bd
|
2 ba
|
1,704 sq ft
|
House

2611 Sunnyside St, Sarasota, FL 34239

Pending
StellarMLS
$599,900
3 bd
|
2 ba
|
1,604 sq ft
|
House

2202 Hyde Park St, Sarasota, FL 34239

Price drop
StellarMLS
$549,000
3 bd
|
2 ba
|
1,578 sq ft
|
House

3517 Bahia Vista St, Sarasota, FL 34239

Status: Active

Tomo last checked: 02/22/2025 at 9:35 PM

Listing updated: 02/22/2025 at 1:09 PM

Listed by: Christy Minnick, PLLC, COLDWELL BANKER SARASOTA CENT. Phone #: (941) 487-5600

MLS: StellarMLS #A4631978

StellarMLS logo

Recently listed in SARASOTA