tomo logo

$478,000

Beds
3
Baths
2.5
sq ft
1,819

8625 Milestone Dr, Sarasota, FL 34238

8625 Milestone Dr

SARASOTA, FL 34238

  • 212 days on market
    • Price drop $7,000↓
Welcome to 8625 Milestone Dr, located in the highly sought-after Promenade East gated community in Sarasota, Florida. This exceptional home stands out among others in the area, offering a rare combination of size, updates, and a prime location. Situated within a gated community, this home spans 1,819 square feet, providing ample space for comfortable living. With 3 bedrooms and 2.5 baths, this end unit offers the advantage of additional outdoor green area, perfect for relaxation and recreation. Step into the first floor and be greeted by an open living space featuring neutral tile floors. The upgraded kitchen is a true highlight, boasting elegant cabinets, a large island with bar seating, and granite countertops throughout. The modern lantern arabesque porcelain mosaic backsplash adds a touch of sophistication. The living room seamlessly connects to a large screened-in lanai, offering a picturesque setting for grilling, entertaining, or simply enjoying the serene water views. Additionally, a bonus paved patio adds versatility to the outdoor space. A sleek and modern powder room on the first floor adds convenience for guests. As you ascend the newly updated stairway to the second floor, the home opens to reveal luxury plank vinyl floors throughout the upstairs living areas. A bonus loft area provides a cozy spot for reading or breaking up the space between the three generously sized bedrooms. The master bedroom is a true retreat, featuring abundant natural light, two large walk-in closets, and a dual sink vanity. The two additional bedrooms are equally spacious and share a Jack and Jill bathroom. Conveniently located upstairs, the washer and dryer units offer easy access for laundry chores. Completing this exceptional property is a one-car garage with updated durable flooring. The end unit location ensures an abundance of natural light, creating a bright and inviting atmosphere. Built in 2021, this home combines modernity, elegance, and functionality. Located within the gated Promenade East community, residents enjoy access to a wide range of amenities suitable for various lifestyles and recreational activities. Located just outside of the community is the Legacy Tail which provides you with 18.5 miles of recreational trail perfect for biking, walking, or running. Don't miss this opportunity to own a truly remarkable home in a prime location. Contact me today to schedule a private viewing of 8625 Milestone Dr and experience the epitome of Florida living.

Details

Property type

Townhouse

Est. home value

$467,370

Lot size

2,871 sq ft

Price per sq ft

$263

Year built

2021

Annual property taxes

$4,736

Monthly HOA fee

$227

Price History

03/05/2024
StellarMLS

StellarMLS #A4591292

Price change
$478,000
-1.44%
01/19/2024
StellarMLS

StellarMLS #A4591292

Price change
$485,000
-2.02%
12/04/2023
StellarMLS

StellarMLS #A4591292

Listed
$495,000
+57.15%

Schools & Community

Elementary school: 

Ashton Elementary

Middle school: 

Sarasota Middle

High school: 

Riverview High

Community features: 

Gated, Pool

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

$160,169
Asking price
$478,000
Closing costs (~8% of asking)
-$38,240
Est. remaining loan balance
-$279,591
Cash to seller
$160,169

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

May 2021

Original loan amount

$299,190

Est. remaining balance

$279,591

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Gerardo Pereira Quintero and Adelina Imelda Vera De Pereira

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: 07/03/2024 at 12:40 PM

Listing updated: 05/24/2024 at 8:41 PM

Listed by: Maria Stephens, VETERANS REALTY INC. Phone #: (941) 730-3605

MLS: StellarMLS #A4591292

StellarMLS logo

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