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About this home
618 Avenida DE Mayo is a 1948-built home in Sarasota Beach, Sarasota. Inside you'll find 5 bedrooms, 4 bathrooms, and 2,961 square feet of living space. Listed at $1,200,000 (about $405/sqft), 8 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Welcome to A Vision in Yellow located on the World Renown Siesta Key! Just 3 Blocks from the Village and 4 to the Water, you will find the Diamond that needs a little Sparkle! This Triplex with Cottage has the ability to be Spectacular as there are 4 Units! There are 3 one bedroom units and 1 two bedroom. Built in 1948, there are still Original Hardwoods in the Larger One Bedroom on the Main Level. There is a Shotgun Unit on the East Main, the 2 Bedroom is Upstairs with an Exterior Staircase and a Fantastic Screened in Porch! The Cottage was added in the Early 2000s and is very Private with a Raised Deck, a Sunning Area, and All Units have a Storage Bin on the Property (see pics). There is a Common Laundry Area for all and Plenty of Privacy for Each Unit. The Property is Mechanically Maintained to a T but "Showy, Pizzazz" is not the interest of the Owner thus the need for Sparkle!! This would be a Perfect AirBNB because of the proximity to the Restaurants, Bars, Shops and Beach! Literally a 10 Minute Walk! Directly across the street there are two new homes being built currently with a small view of the Canal. A Lot of Bang for the Buck in the Complex! But, don't like the Old Siesta Look...Tear it down as many have done and are doing and build what you what you want. There are very few properties located this close to the Village, so don't let the grass grow under your toesies!!
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,200,000
$405 per sq ft
Beds and baths
5 beds, 4 baths
Size
2,961 sq ft
Time on market
8 days
Year built
1948
Monthly payment
About $7,548/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $8,283 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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