$1,050,000 Price Analysis    ♡   Sarasota, FL 34231 4 bed 4 bath 1,441 SqFt ($728/SqFt) 7,500SqFt lot. Built 1971 Listed 2024-07-05, Taxes $5,814 | Ⓧ USDA Ineligible due to price & location near Sarasota |
Presenting a rare opportunity for savvy investors seeking an exceptional blend of upscale living and lucrative rental income.
We proudly introduce this meticulously crafted duplex nestled within Sarasota's sought-after South Highland enclave. This impeccably appointed property, zoned RSF3, epitomizes refined coastal living, situated on a tranquil cul-de-sac with a meticulously landscaped, fully fenced backyard sanctuary. Radiating exclusivity, this income-producing gem is strategically positioned steps from Sarasota's acclaimed dining and leisure destinations, including Walt's Fish Market Restaurant, Trader Joe's, Demetrio's Pizza, the prestigious Field Club and the captivating Sarasota Bayfront. Access to Siesta Key Beach is effortless via nearby bridges, combining convenience with coastal charm for an unparalleled lifestyle and potential return on investment. This duplex offers an enticing investment opportunity with a 30-day rental minimum and potential for up to 12 rentals annually, adhering to County Zoning regulations. Free from flood zones, homeowner associations or community development districts, this property ffers unparalleled freedom and flexibility, ensuring an investment unencumbered by restrictive covenants or additional fees. Beyond its prime location and regulatory advantages, the property showcases contemporary elegance following a meticulous renovation.
Each unit features two bedrooms, two full baths and a private outdoor retreat on each side surrounded by lush foliage-a haven for relaxation and rejuvenation. Gourmet kitchens in each unit boast quartz countertops and sleek shaker-style cabinetry, complemented by spa-inspired bathrooms with marble accents and glass shower doors. Updated HVAC systems, wood-look tile flooring and custom plantation shutters blend style with functionality. Outside, residents, guests and renters enjoy a coastal paradise with swaying palm trees, sandy expanses and lush landscaping creating a perpetual vacation ambiance. The fully fenced property offers complete privacy and features cedar outdoor rainfall showers, ideal for enjoying the outdoors in comfort and style. Sold fully furnished, this turnkey opportunity capitalizes on Sarasota's thriving vacation rental market with a history of top-tier guest reviews. Combining sophistication with profitability, this duplex epitomizes the quintessential Florida lifestyle-an oasis of tranquility and an unparalleled investment opportunity. With no deed restrictions, ample space allows for RVs, boat parking and more on the expansive 60-foot-wide, 125-foot-deep lot. Recent updates include new AC units, appliances, washers, dryers and water heaters in 2021, with a shingle roof installed in 2009. Being sold as seen, turnkey furnished. Seize this chance to own a rare cash flow property in one of Sarasota's most desirable neighborhoods. The blend of upscale living, prime location and lucrative rental potential makes this duplex a standout investment in the thriving Sarasota real estate market. Don't miss out on this rarely available duplex for sale-an exceptional opportunity for discerning investors and homeowners alike.
Presented by Shayla Twit at
Coldwell Banker Realty.
Property MLS #A4616198 from StellarMLS
Full Bathrooms: 4
Eat-in Kitchen
Living Room/Dining Room Combo
Primary Bedroom Main Floor
Solid Surface Counters
Thermostat
Window Treatments
Furnished Description: Turnkey
Flooring: Ceramic Tile, Marble
Disposal
Dryer
Electric Water Heater
Microwave
Range
Range Hood
Refrigerator
Washer
Laundry Features: Laundry Room
Heating Features: Central
Outdoor Grill
Outdoor Shower
Private Mailbox
Patio And Porch Features: Covered, Rear Porch
Road Surface Type: Paved
Lot Size Acres: 0.1721763
Lot Size Dimensions: 59x125
Lot Size Square Feet: 7500
Security Features: Smoke Detector(s)
Number of Units: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
High School: Riverview High
Middle School: Brookside Middle
Map directions Map directions Map directions Map directionsPets Allowed: Yes
Pet Description: Pet Restrictions: See Sarasota County., Pet Size: Extra Large (101+ Lbs.), Number Of Pets: 10+
Source Listing Status: Active
County: Sarasota
Directions: From downtown Sarasota, take 41/Tamiami Trail going South, turning right {LOOK for Walt's Fish - it's on that street} onto Ivanhoe, going all the way to the very end, on your right. DO NOT block that private gate at the end, as that is someone's private residence. Thank you!
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 34231 - Sarasota/Gulf Gate Branch
Source Neighborhood: SOUTH HIGHLAND AMD OF
Parcel Number: 0076090016
Postal Code Plus 4: 3609
Subdivision: SOUTH HIGHLAND AMD OF
Township: 37S
Zoning: RSF3
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $362,630 | $5,814 |
| 2021 | $85,300 + $147,000 $232,300 | $3,724 |
| 2020 | $unknown + $unknown $101,420 | $2,275 |
| 2019 | $19,100 + $73,100 $92,200 | $1,943 |
| 2018 | $27,000 + $106,100 $133,100 | $2,399 |
| 2017 | $47,100 + $106,100 $153,200 | $2,635 |
| 2016 | $26,100 + $105,100 $131,200 | $2,432 |
| 2015 | $unknown + $unknown $113,596 | $2,210 |
| 2014 | $unknown + $unknown $107,404 | $1,877 |
| 2013 | $unknown + $unknown $101,404 | $1,790 |
| 2012 | $unknown + $unknown $95,800 | $1,687 |
| 2011 | $unknown + $unknown $101,400 | $1,740 |
| 2010 | $unknown + $unknown $122,200 | $1,915 |
| 2009 | $unknown + $unknown $124,300 | $1,897 |
| 2008 | $unknown + $unknown $192,900 | $2,930 |
| 2007 | $unknown + $unknown $251,100 | $3,846 |
$1,050,000
StellarMLS
Listing removed 2024-07-13
$1,190,000
StellarMLS
Listing removed 2024-07-05
$1,190,000
StellarMLS
Listed 2024-07-05
$1,190,000
StellarMLS
Price Changed 2024-06-07
$1,190,000
StellarMLS
Listed 2024-05-22
$1,250,000
StellarMLS
Sold 2022-05-31
$1,130,000
StellarMLS
Listing removed 2022-04-22
$1,200,000
StellarMLS
Listed 2022-04-22
$1,200,000
StellarMLS
Listed 2022-04-21
$1,200,000
StellarMLS
Sold 2020-11-06
$335,000
StellarMLS
Listed 2020-10-15
$329,900
StellarMLS
Listing removed 2005-05-31
$286,000
StellarMLS
Sold 2005-05-02
$262,000
Public Record
Listed 2005-02-19
$286,000
StellarMLS
Sold 2002-09-30
$165,000
Public Record
Sold 1997-05-02
$94,500
Public Record
Sold 1990-10-31
$79,000
Public Record
Year Built: 1971
Building Area Source: Public Records
Building Area Total: 1953
Construction Materials: Concrete
Foundation Details: Slab
Levels: One
Property Age: 53
Roof: Shingle
Electricity Connected
Public
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.