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$399,000

Beds
Unknown
sq ft
Unknown

996 Virginia Dr, Sarasota, FL 34234

996 Virginia Dr

SARASOTA, FL 34234

  • 219 days on market
    • Price drop $51,000↓
Situated in the highly desirable Indian Beach/Sapphire Shores neighborhood, this prime lot presents an exceptional opportunity to construct your ideal residence. Just steps away from Bayfront Park Sunsets, this property offers convenient access to downtown Sarasota Bayfront, SRQ Airport, dining, shopping, and cultural attractions. The existing 3 bedroom, 1.5 bath home on the lot can be renovated, or replaced with new construction plans from Milano Homes. Embrace the luxurious lifestyle and natural beauty of Sarasota with this exceptional investment. (Residential MLS A4602357)

Details

Property type

Est. home value

$361,250

Lot size

6,320 sq ft

Price per sq ft

Unknown

Year built

Unknown

Annual property taxes

$3,916.15

HOA

No

Price History

12/19/2024
StellarMLS

StellarMLS #A4614089

Listed
$399,000
12/12/2024
StellarMLS

StellarMLS #A4614089

Removed
$399,000
11/12/2024
StellarMLS

StellarMLS #A4614089

Price change
$399,000
-11.33%

Schools & Community

Neighborhood: 

Indian Beach-Sapphire Shores

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

-$2,098
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$369,178
Cash to seller
-$2,098

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

Seller’s Loan History

Lender

New American Funding

Loan start date

August 2023

Original loan amount

$374,500

Est. remaining balance

$369,178

Interest rate

6.81%

Loan type

VA, 30 year

Seller

Omar Lebron and Annabelle Suarez Ramos

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: 01/22/2025 at 12:10 AM

Listing updated: 12/19/2024 at 2:57 PM

Listed by: Rinat Sikdar, COLDWELL BANKER REALTY Phone #: (941) 383-6411

MLS: StellarMLS #A4614089

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