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Homes in South Sarasota have a median value of $360,700. The median rent price in South Sarasota is $996 and most residents own their homes. South Sarasota is very walkable, and there are a lot of bars, restaurants, coffee shops, and parks nearby.
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The 30-year fixed-rate mortgage is the home loan that most Americans opt to get. Florida is no different, as most homeowners will get this type of loan. Another option is the 15-year fixed-rate term. With this shorter term, your interest rate might be lower, but your monthly payments will be higher.
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If you want to buy a home in areas of Sarasota that are not eligible for a USDA loan, we also offer other loan types such as FHA and conventional loans. Our FHA loans offer very competitive loan terms, including low down payments and low interest rates. To learn about all home loan options that exist for you, request a free pre-approval.
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