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$950,000   Price Analysis
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431 N East Ave
Sarasota, FL 34237
5 bed 4 bath 2,245 SqFt ($423/SqFt)
0.29 acre lot. Built 1959
Listed 2024-05-08, Taxes $3,419		Ⓧ USDA Ineligible
due to price & location
near Sarasota

Fully stabilized Triplex in downtown Sarasota

10 minutes to Lido Key Beach and 15 minutes to Siesta Key Beach. 1 - (3bed/2bath rented $3400), 1 - (2bed/1bath rented $2300), 1 - (Studio 0bd/1bath rented $1400). Building has received $140, 000 of capital improvements including brand new roof, windows, central HVACs, 3 separate water meters, 3 separate electric meters, paved driveways, fencing, tankless water heaters and fully remodeled interiors with in-unit laundry.

Tenants pay all of their own utilities.


Presented by Frank Brito at
MPGFL TAMPA LLC.


Property MLS #T3525091 from StellarMLS

Bedrooms: 5

Total Bathrooms: 4
Full Bathrooms: 4

Open Floorplan

Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup

Cooling Features: Central Air
Heating Features: Central, Electric

Awning(s)
Fence
Sidewalk
Road Surface Type: Asphalt

Lot Size Acres: 0.29
Lot Size Square Feet: 12472

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Gross Income: 85200

Annual Tax Amount: 6094
Source Listing Status: Active
County: Sarasota
Directions: North on 301 from 780. East on 5th St.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 34237 - Sarasota
Source Neighborhood: POS SUB OF LT 11 BLK N
Parcel Number: 2028120076
Postal Code Plus 4: 4343
Subdivision: POS SUB OF LT 11 BLK N
Township: 36
Zoning: DTN
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$unknown + $unknown
$163,406		$3,419
2021$unknown + $unknown
$148,551		$3,122
2020$unknown + $unknown
$135,046		$2,889
2019$unknown + $unknown
$122,769		$2,502
2018$unknown + $unknown
$111,608		$2,440
2017$63,800 + $66,600
$130,400		$2,272
2016$63,300 + $30,900
$94,200		$1,835
2015$unknown + $unknown
$83,853		$1,723
2014$unknown + $unknown
$76,230		$1,729
2013$unknown + $unknown
$69,300		$1,495
2012$unknown + $unknown
$63,000		$1,364
2011$unknown + $unknown
$79,200		$1,617
2010$unknown + $unknown
$135,100		$2,609
2009$unknown + $unknown
$189,400		$3,573
2008$unknown + $unknown
$180,300		$3,329
2007$unknown + $unknown
$234,000		$4,202

Listed 2024-05-08
$950,000
StellarMLS
Sold 2022-07-29
$410,000
Public Record
Listing removed 2022-05-13
$489,000
StellarMLS
Listing removed 2022-04-26
$489,000
StellarMLS
Listed 2022-04-22
$489,000
StellarMLS
Sold 1998-12-31
$75,000
Public Record

Total Square Feet Living: 2245
Year Built: 1959
Construction Materials: Block
Foundation Details: Slab
Property Age: 65
Roof: Shingle

Sewer: Public Sewer
Electricity Connected
Sewer Connected
Water - Multiple Meters
Water Connected
Water Source: Public

Tuttle Elementary School is a public elementary school located approximately 1 miles away.
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Booker High School is a public high school located approximately 1.8 miles away.
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Booker Middle School is a public middle school located approximately 1.9 miles away.
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The West Coast School is a private elementary, middle and high school located approximately 0.2 miles away.
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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.