1335 40th St Sarasota, FL 34234
Bayou Oaks NeighborhoodEstimated payment $5,439/month
6
Beds
6
Baths
3,613
Sq Ft
$263
Price per Sq Ft
Highlights
- Additional Residence on Property
- Oak Trees
- View of Trees or Woods
- Booker High School Rated A-
- Garage Apartment
- 0.59 Acre Lot
About This Home
Amazing Rental Opportunity!! Potentially over $72,000 in NET INCOME. No HOA!! This is a Triplex in the City Limits with 2 extra Mother-in-Law Apartments attached. (Each with it's own private entrance). All 3 Units are leased with very reliable Tenants. There are 2 Large Outbuildings that can be used for Storage or Workshops/Man-caves. There is Plenty of space for Parking. The 2 Vacant lots next door are Included in the price giving you Huge Potential to Build 2 more Houses. Inside the Homes you will find nicely updated Kitchens, Bathrooms, and Tile Floors. Being Located just Minutes from Downtown Sarasota gives you easy Access to St. Armands and Lido Key. The SRQ Airport is Very close by as well!
Listing Agent
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3402998 Listed on: 04/16/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,473
Year Built
- Built in 1930
Lot Details
- 25,771 Sq Ft Lot
- South Facing Home
- Oversized Lot
- Oak Trees
- 3 Lots in the community
- Additional Parcels
- Property is zoned RSF3
Parking
- Garage Apartment
Home Design
- Split Level Home
- Slab Foundation
- Shingle Roof
- Membrane Roofing
- Block Exterior
Interior Spaces
- 3,613 Sq Ft Home
- Ceiling Fan
- Window Treatments
- Family Room with Fireplace
- Family Room Off Kitchen
- Combination Dining and Living Room
- Bonus Room
- Storage Room
- Tile Flooring
- Views of Woods
Kitchen
- Eat-In Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- En-Suite Bathroom
- In-Law or Guest Suite
- 6 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Outdoor Shower
- Deck
- Covered Patio or Porch
- Shed
Schools
- Tuttle Elementary School
- Booker Middle School
- Booker High School
Utilities
- Central Air
- Heating Available
- Thermostat
- Electric Water Heater
- Cable TV Available
Additional Features
- Additional Residence on Property
- Drainage Canal
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 0026120058
Community Details
Overview
- No Home Owners Association
- Palm Grove Community
- Palm Grove Subdivision
Amenities
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,854 | $254,900 | $173,700 | $81,200 |
| 2024 | $5,014 | $288,800 | $192,200 | $96,600 |
| 2023 | $5,014 | $302,500 | $152,500 | $150,000 |
| 2022 | $4,648 | $280,200 | $145,700 | $134,500 |
| 2021 | $5,375 | $316,500 | $141,400 | $175,100 |
| 2020 | $4,506 | $266,600 | $106,300 | $160,300 |
| 2019 | $4,170 | $249,100 | $79,900 | $169,200 |
| 2018 | $3,668 | $201,800 | $67,700 | $134,100 |
| 2017 | $3,705 | $202,100 | $63,700 | $138,400 |
| 2016 | $3,627 | $196,000 | $50,500 | $145,500 |
| 2015 | $3,379 | $175,000 | $29,200 | $145,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | For Sale | $949,000 | +690.8% | $263 / Sq Ft | |
| 06/18/2012 06/18/12 | Sold | $120,000 | 0.0% | $33 / Sq Ft | View Prior Sale |
| 05/16/2012 05/16/12 | Pending | -- | -- | -- | |
| 01/23/2012 01/23/12 | For Sale | $120,000 | -- | $33 / Sq Ft |
Source: Stellar MLS
About the Listing Agent
I am a Sarasota Native. Being born and raised here gives me an edge because I have extensive knowledge of the area. I am a Broker Associate with Preferred SHORE Real Estate. I always do free consultations and free evaluations to help you buy or sell your home. Call me anytime to get started!
Jeremy's Other Listings
Source: Stellar MLS
MLS Number: A4688091
APN: 0026-12-0058
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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