$249,999
$50K PRICE DROP

Estimated payment $1,583/month

Total Views 3,007
4 Beds
2 Baths
1,599 Sq Ft
$156 Price per Sq Ft

About This Home

ON THE PRICE INVESTOR SPECIAL in one of Sarasota's most desirable and rapidly growing neighborhoods! This unique abandoned duplex is packed with potential and ready for its next chapter. Situated on an oversized lot and currently vacant, this versatile property presents an outstanding opportunity for investors seeking a fix-and-flip, a long-term cash-flowing rental, or an owner-occupant looking to live in one unit while generating income from the other. With strong upside and endless possibilities, this is a rare chance to add value in an area experiencing continued growth.

From the moment you arrive, the property offers excellent functionality and accessibility with a spacious covered carport providing protected parking and additional covered outdoor living space. A fully fenced front yard with gated entry enhances privacy while allowing convenient street access. Each unit features its own private entrance, making the layout ideal for tenants, multigenerational living, or house hacking. A covered walkway connects both units, while the expansive front and side yards provide ample space for additional parking, outdoor entertaining, or future improvements. The simple, low-maintenance exterior creates a solid foundation for renovation while maximizing long-term investment potential. Inside, one of the units features a functional layout with an open living and dining area that flows into the kitchen, creating an efficient use of space. Durable ceramic tile flooring extends throughout the home, while the kitchen offers generous cabinet and countertop space with excellent potential for modernization. The bedrooms are comfortably sized with built-in closets, and the full bathroom includes a tub/shower combination and practical layout. An attached utility and storage room provides additional flexibility for laundry, storage, or workshop space. This unit would benefit from cosmetic updates, making it an excellent value-add opportunity to increase equity and rental income. The second unit is currently secured, and keys are not presently available; however, the entire property is vacant, and the second unit is believed to offer a substantially similar floor plan and layout. Buyers are encouraged to verify all room dimensions, features, and condition during their own due diligence.

Major improvements include a brand-new roof installed in 2023, providing significant value and peace of mind. Utilities are currently off. With no HOA and no rental restrictions, this property offers exceptional flexibility for both short- and long-term investment strategies. Whether you're looking to renovate and resell, build a long-term income-producing asset, or occupy one unit while renting the other, this Sarasota duplex offers incredible potential. Property is being sold as-is.

Listing Agent

Ronald Ryder

RICHARD PETERS REALTY LLC Brokerage Phone: 352-448-9712 License #3593068 Listed on: 08/05/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 1961

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115

Parking

  • 2 Carport Spaces

Home Design

  • 1,599 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • No Home Owners Association
  • 2,229 Sq Ft Building
  • Newtown Community
  • Newtown Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,444

Year Built

Built in 1961

Lot Details

5,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1599
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 2229
  • Lot Size Sq Ft: 5750
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 207.08
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 156.35
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 352-448-9712
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Living Area Meters: 148.55

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF4
  • Parcel Number: 2024020046
  • Additional Parcels: No
  • Lot Dimensions: 50x115
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 2444.23
  • Tax Block: 6
  • Tax Book Number: A-53
  • Tax Lot: 11

Multi Family

  • Total Num Buildings: 1
  • Unit Count: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,444 $106,344
2024 $1,992 $96,676
2023 $1,992 $151,500 $32,200 $119,300
2022 $1,700 $117,400 $24,400 $93,000
2021 $1,507 $94,200 $18,700 $75,500
2020 $1,329 $72,400 $14,100 $58,300
2019 $1,231 $66,900 $10,100 $56,800
2018 $1,206 $70,000 $13,500 $56,500
2017 $1,110 $49,610 $0 $0
2016 $989 $49,700 $3,000 $46,700
2015 $903 $41,000 $2,700 $38,300
2014 $942 $41,910 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2026 08/27/26 Price Changed $249,999 -0.8% $156 / Sq Ft
08/18/2026 08/18/26 Price Changed $251,900 -2.7% $158 / Sq Ft
08/12/2026 08/12/26 Price Changed $258,900 -4.1% $162 / Sq Ft
08/07/2026 08/07/26 Price Changed $269,999 -9.1% $169 / Sq Ft
08/06/2026 08/06/26 Price Changed $296,900 -1.0% $186 / Sq Ft
08/05/2026 08/05/26 For Sale $299,999 -- $188 / Sq Ft
Source: Stellar MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Source: Public Records

Source: Stellar MLS

MLS Number: TB8536167

Stellar MLS

APN: 2024-02-0046

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