4062 S SHADE AVENUE, Sarasota, FL, 34231 | $500,000

Mid-Century Modern Atomic Ranch Home with Cathedral Ceilings and and AirBnB Income-Generating Guest House! Discover this unique 3-bedroom, 2-bath atomic ranch main home, plus a guest house/AirBnB generating up to $20K per year! Located in one of Sarasota’s top school districts, this spacious home offers a flexible open layout with long sight lines, The open-concept kitchen with breakfast bar provide ample storage, counter space, and opens up to the large dining room. a walk-in pantry/laundry room adds to the convenience. A large bonus room with door to the outside can serve as a home office, home gym, art studio, or playroom. Set on a private, tropical paradise this property is a nature lover’s dream the large windows and huge lanai make you feel like you are living in the garden featuring mature oak trees, meandering pathways, and a lush, Florida-friendly botanical garden reminiscent of Selby Gardens. Enjoy low-maintenance, drought-resistant landscaping in both the front and backyard. The remodeled master bath offers a touch of luxury, while the mod, mid-century living room with built-in shelves exudes character and charm. Location? Unbeatable. Just minutes from Siesta Key’s world-famous beaches and downtown Sarasota’s vibrant dining, theater, arts, and music scene. You're only 3 minutes from Trader Joe’s, Aldi, Publix, Walt’s Fish Market, and Bonefish Grill. With a roof installed in 2014, Heat Pump HVAC w/ UV Light in 2017, Washer/Dryer in 2022, Water Heater 2025, Garbage Disposal in 2024, (insurance saving) 3rd Nail Roof Tie-Downs installed in 2023, Water Softener in 2020, Range/Oven in 2023 and hidden terrazzo floors waiting to be uncovered, this home is an absolute one-of-a-kind gem. Make it yours today—and let the guest house help pay your mortgage!

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 93 x 125
  • Laundry: Inside, Laundry Room
  • Style: Mid-Century Modern, Ranch
  • Year Built: 1958
  • Garage: Off Street
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,181
  • Acreage: 0.27
  • Lot Size: 93 x 125
  • Est. Taxes: $3,345
  • Lot Desc: Landscaped, Private, Sidewalk
  • View: Garden
  • Elem. School: Phillippi Shores Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener
  • MLS#: A4640598
  • Days on Market: 79 days
  • Website: https://www.raveis.com
    /prop/A4640598/4062sshadeavenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/6/2025 7:32:14 AM)
Listing courtesy of ALBERT WOOSTER & COMPANY   Phone: 941-350-1220

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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4062 S SHADE AVENUE, Sarasota, FL, 34231

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.050% 6.132%
Monthly Tax Payment $279 $279 $279
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,495 $2,628 $3,348
Total Monthly Payment $2,866 $2,999 $3,719

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.