Waterfront Opportunity. Nestled in the heart of the exclusive Cherokee Park, this charming Old Florida traditional home offers a rare opportunity to own a piece of Sarasota's history. With 100 feet of street frontage and an additional 100 feet of serene waterfront, this property is a hidden gem waiting for your personal touch. This classic home boasts timeless architecture, exuding character and charm from every corner. While it needs renovation, the potential is endless—perfect for those looking to restore or reimagine a historic treasure. The property is located in a secluded neighborhood, offering privacy and tranquility, all while being just minutes from downtown Sarasota. A new standing seam metal roof alongside a newly installed seawall adds to the property's value, providing peace of mind and ensuring the integrity of the waterfront for years to come. Whether you envision a luxurious modern update or a faithful restoration, this home is a canvas ready for your vision. Don't miss this unique chance to create your dream waterfront retreat in one of Sarasota's most sought-after neighborhoods.
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1972
Stories: 2
Living Area: 4,660 SqFt
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 366-8070
Listing Agent: Kelly Gettel
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Disposal
Flooring Type: Concrete, Other
Interior: Primary Bedroom Main Floor
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: Yes
Waterfront: Canal
View: Water
Exterior: Lighting
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Lot Features
Lot Information:
Lot: City Lot, Landscaped
Lot Size: 0.46 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: Turn West onto North Drive from Osprey, South on Cherokee Terrace, West on North Lodge Dr., the home will be located on the left side.
Price Information
Listing Price Info
Price Summary:
List Price: $5,490,000
Price Per SqFt: $1,178/SqFt
Tax Information:
Annual Amount: $12,356
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $4.9M more than the Median Sold Price and $875/SqFt more than other homes in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4622195
Listing Office:
Office Name: COLDWELL BANKER REALTY
Office Phone: (941) 366-8070
Listing Agent: Kelly Gettel
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$12,356
$779,591
2019
$12,042
$762,064
2018
$11,850
$747,855
2017
$11,571
$723,436
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.4K
Per Month
Principal & Interest
$27.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Southside Elementary School
1901 Webber St
Distance between this listing and this school0.36 miles
Public District Grades PK-5
7
/10
Alta Vista Elementary School
1050 S Euclid Ave
Distance between this listing and this school1.63 miles
Public District Grades PK-5
8
/10
Phillippi Shores Elementary School
4747 S Tamiami Trl
Distance between this listing and this school1.67 miles
Public Magnet Grades PK-5
Nearby Schools
5
/10
Brookside Middle School
3636 S Shade Ave
Distance between this listing and this school0.91 miles
Public Magnet Grades 6-8
2
/10
Suncoast School for Innovative Studies
845 S School Ave
Distance between this listing and this school1.69 miles
Public Charter Grades PK-8
7
/10
Sarasota School of Arts/Sciences
717 Central Ave
Distance between this listing and this school2.41 miles
Public Charter Grades 6-8
Nearby Schools
4
/10
Sarasota High School
2155 Bahia Vista St
Distance between this listing and this school1.35 miles
Public District Grades 9-12
5
/10
Sarasota Virtual Instruction Program
1960 Landings Blvd
Distance between this listing and this school1.98 miles
Public District Grades KG-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school2.05 miles
The neighbors living near this home have an average income of $64,224. Residents of Sarasota, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1620 N Lodge Dr
What is the listing price of this property?
The listing price of 1620 N Lodge Dr property is $5,490,000.
What type of property is this?
The property 1620 N Lodge Dr is a house located in Sarasota, Florida, 34239.
Is this property for sale now?
Active Listing: 1620 N Lodge Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $12,356 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1620 N Lodge Dr has 5 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 1620 N Lodge Dr is 4,660 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1620 N Lodge Dr is 1972.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1620 N Lodge Dr in Sarasota, FL and zip code 34239 in the Cherokee Park neighborhood. This 4,660 square foot home, which was built in 1972, sits on a 0.46 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $5,490,000.
In November 2024 more than 12 listings in Sarasota, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 237 were sold below. Between October 2024 and November 2024, Sarasota, FL real estate market has seen increase in the number of listings by 9.7%. While the average time on the market in November 2024 was 76 days, the median list price was $515,531.
From Rocket Homes Real Estate and based on county public records data.