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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 475,000

Est. payment | -/mo

3 Beds

2 Baths

1,652 SqFt

Save Virtual Tour

$ 475,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

1,652 SqFt

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,652 sqft

Price per Sqft $287

Subdivision Avon Heights 2

MLS Listing ID A4701566

Bedrooms 3

Construction Status Completed

HOA Y/N No

Year Built 1936

Annual Tax Amount $5,116

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 50x115

Property Sub-Type Duplex

Source Stellar MLS

Property Description

INVESTOR OPPORTUNITY! This fully furnished, income-producing duplex currently generates more than $60,000 annually, with the potential to further maximize its rental performance for an even higher return. Located just minutes from downtown Sarasota, the property offers two complete residences: a spacious two-bedroom, one-bath unit and a one-bedroom, one-bath unit. Each has its own kitchen, dining area, and living room. Both units are being sold turnkey, complete with furniture, kitchenware, bedding, linens, and a washer and dryer.

Major improvements include a brand-new roof installed in 2025 and newer air-conditioning systems installed in 2022 and 2025. The current weekly housekeeping and turnover staff are also willing to remain in place, helping provide a smooth transition for the new owner.

The City of Sarasota currently permits seven-day minimum rentals at this location, with the potential to apply for a certificate allowing shorter rental periods. Continue operating it as an established rental, occupy one unit while generating income from the other, or explore future redevelopment possibilities. New construction has become increasingly common along this street, creating an opportunity to generate income today while holding the property for its land value and long-term potential. Rental income and expenses are available for review. Rental regulations, zoning, and redevelopment options should be independently verified by the buyer.

Location

State FL

County Sarasota

Community Avon Heights 2

Area 34239 - Sarasota/Pinecraft

Zoning RSF4

Interior

Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Window Treatments

Heating Central

Cooling Central Air

Flooring Laminate

Fireplace false

Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Laundry Common Area

Exterior

Exterior Feature Balcony

Utilities Available Cable Connected, Electricity Connected, Sewer Connected

View Y/N No

Water Access No

View City

Roof Type Shingle

Porch Deck

Garage false

Private Pool No

Building

Lot Description Paved

Foundation Pillar/Post/Pier

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Cement Siding,Frame

New Construction false

Construction Status Completed

Schools

Elementary Schools Alta Vista Elementary

High Schools Sarasota High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Membership Fee Required None

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4701566

Listed by Rob Rovnak EXP REALTY LLC

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL 32259

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2245 BAHIA VISTA ST Sarasota, FL 34239