tomo logo

$399,900

Beds
2
Baths
2.0
sq ft
1,155

5872 Driftwood Pl Unit 44, Sarasota, FL 34231

5872 Driftwood Pl Unit 44

SARASOTA, FL 34231

  • 189 days on market
    • Price drop $15,100↓
One or more photo(s) has been virtually staged. PRICE IMPROVEMENT in PARADISE! Welcome to your slice of paradise nestled near the serene South bridge of Siesta Key. This meticulously maintained designer 2-bedroom, 2-bathroom detached villa offers a perfect blend of privacy and proximity to the #1 beach in the U.S. Walk or ride your bike to the vibrant South Village on the island and put your toes in the quartz sand of Siesta Key at Beach Access 12. Take a stroll to nearby mainland eateries, gyms, and shopping. Take a short drive to the South end of the island to Turtle Beach or the center of the island for even more restaurants, shopping and nightlife.  This residence ensures easy access to the island's beauty without sacrificing tranquility. Situated on the mainland, this location smartly sidesteps traffic concerns, making your daily commute that much smoother and enjoyable. Enjoy the intercoastal views, a private gated courtyard to take in the sun, rinse off from the beach and store your bikes and paddle boards after a day in the calm, warm waters of the Gulf of Mexico or nearby Phillip Estate Park. The free-standing unit offers the convenience of a separate private laundry dwelling and boasts custom woodwork, bamboo tile, and stainless appliances. Enjoy the bamboo floors in the bedrooms and custom sliding barn doors in the primary suite. Large glass sliders beckon you into the closed-in lanai, offering an extension of your living space. With a new roof, well-maintained trouble-free AC, and a bohemian-coastal interior, this villa is not just a residence but a haven. Your Homeowners Association fees cover the perks of a pool, clubhouse, lawn care, power washing of carport and exterior, benches along the seawall, with a charming walkway to sip coffee in the morning or enjoy a glass of wine as you take in the sunset. This property is a unique opportunity to embrace coastal living in a beautiful Sarasota, Florida. What are you waiting for? Your home in paradise awaits...

Details

Property type

Single Family Residence

Est. home value

$364,412

Lot size

Unknown

Price per sq ft

$347

Year built

1973

Annual property taxes

$3,704.5

Monthly HOA fee

$944

Price History

04/28/2024
StellarMLS

StellarMLS #A4603555

Price change
$399,900
-3.64%
04/05/2024
StellarMLS

StellarMLS #A4603555

Price change
$415,000
-12.63%
03/15/2024
StellarMLS

StellarMLS #A4603555

Listed
$475,000
+121.45%

Schools & Community

Elementary school: 

Phillippi Shores Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Clubhouse, Pool, 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

$230,677
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$137,231
Cash to seller
$230,677

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

March 2017

Original loan amount

$160,875

Est. remaining balance

$137,231

Interest rate

4.19%

Loan type

New Conventional, 30 year

Seller

Jennifer Suber Smith

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: 09/20/2024 at 12:35 AM

Listing updated: 08/26/2024 at 4:35 PM

Listed by: Kandy Magnotti, COLDWELL BANKER REALTY Phone #: (941) 349-4411

MLS: StellarMLS #A4603555

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