tomo logo

$489,900

Beds
3
Baths
3.0
sq ft
1,377

2905 Bay St, Sarasota, FL 34237

2905 Bay St

SARASOTA, FL 34237

  • Pending
Welcome to 2905 Bay Street, a beautifully updated mid-century modern home nestled in the heart of Sarasota, Florida. This stunning property features 3 spacious bedrooms plus a desirable In-Law Suite with a private entrance, which adds an additional 300 square feet of versatile living space, creating a perfect 4th bedroom for guests or multi-generational living. This home boasts three modernized full bathrooms, showcasing tasteful renovations that combine comfort with contemporary style. The roofing is brand new, providing peace of mind and added energy efficiency, while the flooring throughout the home has been fully updated to enhance the overall aesthetic. Set on a beautifully fenced lot, this residence offers both privacy and a safe space for outdoor activities. The location is truly unbeatable—just moments away from vibrant downtown Sarasota, where you can experience shopping, dining, and entertainment. Nature enthusiasts will love the nearby famous Legacy Trail, which stretches nearly 20 miles down to Venice Beach. Additionally, you’ll be just 5 miles from the pristine Florida beaches, the University Town Center District, Sarasota-Bradenton International Airport, and easy access to Interstate 75. This property is a rare find, merging mid-century charm with modern updates in a sought-after location. Don’t miss your chance to make this exceptional house your home!

Details

Property type

Single Family Residence

Est. home value

$417,823

Lot size

7,485 sq ft

Price per sq ft

$356

Year built

1958

Annual property taxes

$5,211

HOA

No

Price History

02/20/2025
StellarMLS

StellarMLS #TB8350259

Pending
$489,900
02/14/2025
StellarMLS

StellarMLS #TB8350259

Listed
$489,900
+12.62%
08/03/2023
StellarMLS

StellarMLS #A4570030

Sold
$435,000

Schools & Community

Elementary school: 

Alta Vista Elementary

Middle school: 

Brookside 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

$249,079
Asking price
$489,900
Closing costs (~8% of asking)
-$39,192
Est. remaining loan balance
-$201,629
Cash to seller
$249,079

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

August 2023

Original loan amount

$205,000

Est. remaining balance

$201,629

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Clayton J Capizzi and Marie Elizabeth Blum

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: Pending/Under Contract

Tomo last checked: 02/22/2025 at 6:25 PM

Listing updated: 02/20/2025 at 4:24 PM

Listed by: Kristen Arseneau, SMITH & ASSOCIATES REAL ESTATE Phone #: (813) 839-3800

MLS: StellarMLS #TB8350259

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