$309,990
Active Under Contract4078 Groveland Ave, Sarasota, FL 34231
3 beds Β· 1 bath Β· 1,240 sq ft
Listing courtesy of KW COASTAL LIVING III Β· MLS# A4669478
362 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
Whatβs special
- Assumable FHA mortgage
- Non-HOA neighborhood
- Brick fireplace
- Fully fenced backyard
- Permitted shed
- Dual-access ensuite bath
AI-selected highlights from the listing description below.
Under contract-accepting backup offers. *** SELLER IS OFFERING A $3,000 BUYER CREDIT AT CLOSING & AN ASSUMABLE FHA MORTGAGE BALANCE AT 2.9% APR*** In a city where home prices often feel out of reach, this well-maintained three-bedroom, one-bath residence offers something increasingly rare: a real opportunity to plant roots in Sarasota without sacrificing location or potential. Set on a quiet, non-HOA neighborhood just minutes from the beach, downtown, shopping, and restaurants, this home proves that owning in Sarasota does not mean choosing between charm, location, and affordability. Inside, you will find an open layout with tile and laminate flooring, natural light throughout, and a warm, welcoming feel ready to be personalized. The kitchen has been thoughtfully updated with granite countertops and refreshed cabinetry that seamlessly blends function and simplicity, while unifying the living and dining areas. A cozy brick fireplace, featuring an above-mantel TV mount, anchors the living room, making it perfect for both quiet evenings with a book and hosting game day with friends. The primary bedroom features two closets and a dual-access ensuite bath that connects to the hallway leading to the home's two additional bedrooms. Step outside to a fully fenced backyard with a spacious deck, fire pit, and a large permitted shed that offers flexibility for storage or creative use, along with ample room for a home addition or pool, if desired. While it is not the biggest or flashiest house in town, it is real, it is ready, and it can be yours to shape. Whether you are a first-time buyer looking to stay in Sarasota on a budget, a seasonal visitor in need of a winter retreat, or someone who values authenticity, this is a home where you can begin to build not just equity, but a meaningful life. QUALIFIED BUYERS MAY HAVE THE OPPORTUNITY TO ASSUME THE EXISTING FHA LOAN AT A 2.9% INTEREST RATE. THIS RARE FINANCING OPTION COULD MEAN SIGNIFICANT MONTHLY SAVINGS COMPARED TO CURRENT MARKET RATES. ASSUMPTION IS SUBJECT TO LENDER APPROVAL AND BUYER QUALIFICATION. CONTACT THE LISTING AGENT FOR DETAILS.
Facts
- Property type
- Single Family Residence
- Year built
- 1981
- Bathrooms
- 1 full
- Living area
- 1,240 sqft
- Lot size
- 0.2 acres
- Private pool
- No
- Exposure
- East
- Furnished
- Unfurnished
- Flood zone
- X
- CDD
- No
- 55+ community
- No
- Annual taxes
- $2,704/yr
- Listed
- Oct 29, 2025
- MLS #
- A4669478
Price & status history
- Listed for $389,000
- Price reduced to $309,990from $315,000
- Status changed to Active Under Contract
Virtual tour
- Property Panorama tourpropertypanorama.comView the virtual tour(opens propertypanorama.com in a new tab)
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 4078 GROVELAND AVE. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$2,051
$1,567 of that is principal & interest. 24% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $1,567
- Property taxes
- $225
- Homeowners insurance
- $258
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $2,051
Over the life of the loan
- Loan amount
- $247,992
- Down payment
- $61,998
- Total interest
- $316,300
- Principal + interest paid
- $564,292
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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4078 Groveland Ave, Sarasota, FL 34231
Listing courtesy of KW COASTAL LIVING III Β· MLS# A4669478 Β· Active Under Contract
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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