52 Audubon Pl, Sarasota, FL 34237
4 beds · 4 baths · 2,763 sqft
Located in Sarasota’s vibrant uptown district on upper Main Street, this exceptional four-bedroom townhouse combines luxury, convenience, and unmatched flexibility. Just steps from galleries, cafes, restaurants, and boutiques, and minutes from stunning beaches, golf courses, the hospital, the airport, and Sarasota’s cultural attractions, this property is perfectly suited for personal enjoyment or as a lucrative short-term rental investment. With no HOA restrictions, this unit offers unlimited potential for vacation rentals in one of Sarasota’s most sought-after locations. This thoughtfully designed, 2,763-square-foot home boasts double-concrete construction, high ceilings, eight-foot interior doors, upgraded flooring, a private elevator, energy-efficient systems, hurricane-rated impact windows, multiple balconies, and a finished rooftop. A whole-house sprinkler system and high-efficiency tankless gas water heater further enhance its safety and sustainability. Parking for four vehicles is available via a two-car garage and attached two-car carport. The first level offers a private guest suite, perfect for visitors, tenants, or multi-generational living. The second level features a spacious open-concept kitchen, dining, and living area. The kitchen is a chef’s dream, featuring sophisticated European cabinetry, quartz countertops, under-cabinet lighting, a waterfall-edge center island, and high-end Frigidaire stainless steel appliances. Motorized window shades add ease and elegance. The exterior second-floor balcony includes a fan for year-round comfort. The third level includes three bedrooms and two baths, including the luxurious primary suite. The primary suite features a private balcony, motorized window shades, blackout shades, a walk-in closet, and a spa-inspired en-suite bath with an oversized marble-tiled shower. Custom closets and blackout shades in all bedrooms ensure both comfort and practicality. The fourth level boasts a finished rooftop designed for relaxation and entertainment. Highlights include a hot tub, a fully equipped outdoor kitchen with a grill, refrigerator, multiple seating areas, and sleek glass railings with breathtaking city views. Additional features of the home include blackout shades in all bedrooms, custom-built closets throughout, epoxy flooring in the garage, a 160-bottle wine fridge, upgraded flooring throughout, a whole-house Alexa system, and a turnkey furnishing option available under a separate contract. For buyers seeking a fully move-in-ready or rental-ready experience, a turnkey furnishing package is available under a separate contract. This package includes furniture and premium decor, wall-mounted TVs, fully equipped kitchen supplies, beach gear and towels, in-home gym equipment, a smoker and additional outdoor essentials, and storage shelves and organization solutions. Perfect for short-term rentals, this townhouse is ideal for use as a short-term rental property. With no HOA restrictions, its prime location near Sarasota’s top attractions, beaches, and cultural venues ensures high desirability for vacationers, offering a fantastic opportunity for income generation. The famous Legacy Trail is 100 feet away! Whether you’re seeking a luxurious personal residence or an investment property with exceptional rental potential, this townhouse delivers the best of Sarasota’s urban lifestyle with unparalleled flexibility and style.
Source: STELLAR #a4631836
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4631836
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #a4631836
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.