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$480,000
$321/sqft20% reduced
HOA: NoneTaxes: $4,460/yr318d on market
3 Beds|2 Baths|1,494 Sq Ft|Built 1950
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 20% ($118,000 off original)
  • 318+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Charming 1950s Florida Ranch-Style Home with Separate One-Bedroom Apartment in Sought-After Terrace Gardens! Don’t miss this rare opportunity to own a classic mid-century Florida ranch home in the desirable Terrace Gardens community. Situated on an expansive corner lot, this single-family residence offers exceptional flexibility, income potential, and future development possibilities. The main home features 2 bedrooms and 1 bath, showcasing original wood floors in the bedrooms, generously sized closets, and a delightful lanai-style sitting room perfect for relaxing. A beautifully carved-out one-bedroom, one-bath apartment provides a private space ideal for guests, extended family, or rental income—both units are currently rented. Whether you're looking to generate income immediately or envision building your dream home in a neighborhood filled with new construction, this property offers endless possibilities. Enjoy the unbeatable location: bike the nearby Legacy Trail, explore downtown’s vibrant restaurants and cultural scene, play at Payne Park, or spend the day at the beach—all just minutes away.

Subdivision
TERRACE GARDENS
County
Sarasota
Zip Code
34237

School Report Card

Source: FL Dept. of Education

ABCDF
Elementary
Middle
High

Neighborhood

Map unavailable

Type
Single Family Residence
Living Area
1,494 sqft
Construction
Frame
Roof
Shingle
Flooring
Wood
Pool
No
HOA
None
  • Eat-in Kitchen
  • Thermostat
  • Rain Gutters
  • Dryer
  • Range
  • Refrigerator
  • Washer
  • Outside
  • Cable Connected
  • Electricity Connected
  • Sewer Connected
  • Water Connected
Bedrooms
3
Bathrooms
2
Year Built
1950
Construction
Frame
Flooring
Wood
Roof
Shingle
Garage Spaces
0
Cooling
Central Air
Heating
Electric
Waterfront
No
Pet Restrictions
Lot Size
0.23 acres
Senior Community
No
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$4,460
No HOA fees on this listing.
Down Payment20% — $96,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$2,427
HOA Fee
$0
Est. Property Tax
$372
Est. Insurance
$160
Total Est. Monthly Cost$2,959

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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