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$910,000

Beds
4
Baths
2.0
sq ft
1,956

7327 Westmoreland Dr, Sarasota, FL 34243

7327 Westmoreland Dr

SARASOTA, FL 34243

  • 12 days on market
Welcome to 7327 Westmoreland Dr., a beautifully renovated home in one of Sarasota's most desirable neighborhoods. This property seamlessly blends modern convenience with timeless charm, making it a great choice for both primary residents and savvy investors. Additionally, this property was not affected by the hurricane this past year, ensuring peace of mind for potential buyers. GREAT LOCATION Nestled just minutes from Sarasota’s pristine beaches, vibrant downtown, and world-class dining and shopping, this home is just steps away from Sarasota Bay, where you can enjoy picturesque views right from the property. The historical Whitfield Estates neighborhood, established in the 1920s, is known for its tree-lined streets, friendly neighbors, and community events like block parties. Nearby attractions include the Ringling Museum of Art, New College, the University of South Florida, the Ringling College of Art and Design, the Asolo Theater, and Sarasota Bradenton International Airport. Downtown Sarasota is only 6 miles away, while the beaches of Lido Key and popular St. Armand’s Circle are just 8 miles from your doorstep. EXCEPTIONAL FEATURES This property has been thoughtfully updated over the past five years, ensuring a move-in-ready experience. Curb Appeal: The beautifully landscaped yard and inviting entryway welcome you home. Interior: Spacious, light-filled living areas feature updated finishes and a versatile layout for families or entertaining. Renovations: All-new bathrooms, appliances, wood floors, lighting, and electrical outlet wiring. Recent Additions: The roof, A/C system with ductwork, driveway, courtyard, and entryway pavers were installed recently. Detached Garage: Remodeled within the last year, has flexible space for a workshop, studio, game room, or additional storage. OUTDOOR OASIS The nearly half-acre lot is a rare find. A new fence, installed last year, enhances privacy while expanding the backyard’s potential. There’s plenty of space to customize—envision a poolside cabana, lush garden, or an outdoor lounge. The backyard is designed for Florida living, whether you’re relaxing in solitude or hosting unforgettable gatherings. This home is a proven performer, having generated excellent revenue as over the past two years. With 5-star reviews on all platforms, it’s a favorite among guests seeking comfort and convenience. With its expansive backyard, there’s incredible potential to further boost revenue by adding popular amenities like pickleball, mini-golf, or volleyball—creating endless opportunities for more income. Continue to leverage its income potential or enjoy it as your forever home. This property isn’t just a home—it’s a lifestyle. From easy access to cultural landmarks to serene evenings in your private backyard retreat, 7327 Westmoreland Dr. delivers on every level. Don’t miss this rare opportunity to own a Sarasota gem.

Details

Property type

Single Family Residence

Est. home value

$852,556

Lot size

0.46 acres

Price per sq ft

$466

Year built

1968

Annual property taxes

$8,796.61

HOA

No

Price History

12/10/2024
StellarMLS

StellarMLS #O6263531

Listed
$910,000
+45.6%
06/29/2021

FGCMLS #221029035

Sold
$625,000
+95.92%
12/22/2014
StellarMLS

StellarMLS #A4101740

Sold
$319,000
+29.41%

Schools & Community

Neighborhood: 

Whitfield

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$258,246
Asking price
$910,000
Closing costs (~8% of asking)
-$72,800
Est. remaining loan balance
-$578,954
Cash to seller
$258,246

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2022

Original loan amount

$600,000

Est. remaining balance

$578,954

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Juliano Moreira Silva

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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7402 Westmoreland Dr, Sarasota, FL 34243

Status: Active

Tomo last checked: 12/22/2024 at 11:45 AM

Listing updated: 12/11/2024 at 6:54 AM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6263531

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