Listing Details for MLS # TB8356987
1044 Virginia Drive, Sarasota, Fl 34234

Residential Property - Single Family Residence in Sarasota

Listing Price: $389,000Days on Market: 95

Description of Property

FINAL PRICE DROP! HIGH & DRY! CHEAPEST HOME FOR SALE IN INDIAN BEACH-SAPPHIRE SHORES! NO FLOOD INSURANCE REQUIRED! Rare PECKY CYPRESS Jewel Box bungalow with cedar interior/metal roof on botanical garden like double lot in historic Indian Beach-Sapphire Shores neighborhood. Two blocks to Indian Beach Park on beautiful Sarasota Bay for swimming, sunsets or to drop in your kayak. Newer homes DO NOT have this level of materials/craftsmanship. Unique 84-yr old home has NO drywall: Exterior is old-growth rough hewn pecky cypress , walls are old-growth CEDAR (hence the very light wonderful scent when you first walk in) and floors/ceiling are southern pine. These are the highest quality woods. $5K fireplace renovation; $5K new plumbing from meter to home; $8K new exterior paint; $5K new shed; Etc!Best of both worlds: charming, private and close to everything! It's 287 ft. to Ringing College of Art & Design, 2 miles to downtown, mins to gulf beaches, world class dining, nightlife, comedy club, etc. USF, New College, Van Wezel Performing Arts Center + Ringling Art Museum are just down the street. This home sustained NO water/wind damage in previous hurricanes. NO flood insurance required (Zone X). Vintage jewel box cottages are difficult to find and expensive. Walking distance to authentic Cuban, Pho, Italian, funky brew-pub, coffee shop, etc. Your new home in paradise awaits your finishing touches. You'll love your charming, relaxing vintage home in eclectic, funky North Sarasota. Need to catch a flight? It's 1.6 miles to Sarasota-Bradenton International Airport. Convenient 1 hour drive to Tampa/St. Pete. Why PECKY CYPRESS? Distinctive Aesthetic: It has natural, irregular pocketing or hollow streaks caused by a fungus that attacks the trees heartwood. This creates a weathered, textured look that gives homes a warm, old-world character; Durability & Rot Resistance - Cypress is naturally resistant to rot, moisture, and insects (especially ants/termites/spiders/cockroaches due to natural oils and resins), making it ideal for humid or wet environments like FL; Because of its resistance to decay, pecky cypress requires less upkeep compared to other wood types; It has Unique, High-End Appeal - Its not mass-produced like other woods, so it adds a custom, one-of-a-kind touch to homes, making them feel more luxurious and distinctive. WHY is it called a JEWEL BOX ? The term is used to describe small, charming cottages that, despite their modest size, are rich in character and aesthetic appeal. Pecky cypress is dry and resistant to rot, making it an unfavorable environment. Because of these qualities, pecky cypress was historically used for high quality homes built from the 1800s to 1950s. Parcel is approx. 15 ft. above sea level and home is elevated 2 ft. off the ground. There are 60+ stands of Kanapaha (aka Wong Chuk or Royal) bamboo as wind breaks to protect home. Kanapaha is hardy to -20 degrees, grows 60 ft. tall and is incredibly dense when mature. Come check out this neighborhood, you'll love it here!The average asking price for a 2 bedroom/1 bath single family residence in this Zip code is $374,991. This single family residence is listed at about 104% of the average asking price. There are 4 2 bedroom/1 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »