$740,000
SOLD MAR 28, 2025
3 Beds
2 Baths
1,546 Sq Ft
0.36 Acres

Recently Sold

$479 Per Sq Ft

5% Below List Price

22 Days on Market

Highlights

  • Intracoastal View
  • Property is near a marina
  • Private Lot
  • Riverview High School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2025

Duplex Near the Intracoastal - Great Investment Opportunity!

Welcome to this charming duplex, ideally located just minutes from the Intracoastal Waterway! Currently rented, this property offers an excellent investment opportunity with immediate cash flow. The sellers are motivated and open to seller financing, making this an even more attractive option for buyers.

Property Highlights:
Duplex Layout:
Unit 1: 2 bedrooms / 1 bathroom
Unit 2: 1 bedroom / 1 bathroom
Fenced Yard for privacy and outdoor enjoyment
Prime Location near the Intracoastal Waterway – ideal for boating enthusiasts, beachgoers, and those who love waterfront living

Land Value: The property offers significant potential for future development. Rehab the existing duplex, or build your dream home on this valuable piece of land
Motivated Sellers: Flexible terms and open to seller financing
Whether you're looking to hold as an investment, rehab for increased value, or develop into something new, this property offers endless possibilities. Don’t miss your chance to secure this fantastic location and make it your own!

Contact me today for more details or to schedule a showing!

Last Agent to Sell the Property

Jon Sullivan

KW SUNCOAST Brokerage Phone: 941-792-2000 License #3458314 Listed on: 01/23/2025

KW SUNCOAST

Last Buyer's Agent

Jordan Ruvalcaba

MILLENNIA REALTY License #3524694

MILLENNIA REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,378

Year Built

  • Built in 1957

Lot Details

  • Street terminates at a dead end
  • South Facing Home
  • Chain Link Fence

Property Views

  • Intracoastal
  • Full Bay or Harbor

Home Design

  • Half Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,546 Sq Ft Home
  • Elevator
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • In Wall Pest System

Kitchen

  • Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Property is near a marina
  • Outdoor Storage

Schools

  • Gulf Gate Elementary School
  • Brookside Middle School
  • Riverview High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 0125060003

Community Details

Overview

  • No Home Owners Association
  • Built by John Cannon Homes, INC
  • 0000 Not Part Of A Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,378

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Half Duplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 1546
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 1732
  • Lot Size Sq Ft: 15600
  • Directions to Property: From I-75, proceed west on Bee Ridge Rd, until you reach US-41/ South Tamiami Trail. Turn left and proceed south and turn right onto S Holiday Dr. Continue straight to stay on S. Holiday Dr, and make a right onto Towhee Lane. You arrive to 1827 & 1829 Towhee Lane.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33609
  • Escrow State: FL
  • Escrow Street Name: West Swann Avenue
  • Escrow Street Number: 3705
  • List Office Head Office Key Nume: 196189995
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 478.65
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_NumAssignedParkingSpaces: 4
  • MFR_InLawSuiteYN: 1
  • MFR_DockYN: 0
  • MFR_InLawSuiteDescription: 1 Bathroom,1 Bedroom,Attached,Kitchen,Private Entrance
  • Attribution Contact: 941-792-2000
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1827
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 143.63
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water Extras YN: 0
  • Water View: Bay/Harbor - Partial,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0207F
  • Additional Water Information: Second and Third floors, if built, will have some Water Views of Intercoastal Waterway over neighboring property. This could be your custom home with a Roof Top Deck to optimize the water views.

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Common Area
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: Gulf Gate Elementary
  • High School: Riverview High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0125060003
  • Additional Parcels: No
  • Fencing: Chain Link, Fenced
  • Lot Features: Near Marina, Street Dead-End, Private
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1449

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: John Cannon Homes, INC

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Property is Located in Sarasota County and Buyer will need to follow any leasing restrictions required by Sarasota County. Buyers are required to Do all Due Diligence in regards to any Leasing Restrictions
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 6377.98
  • Tax Lot: 1

Multi Family

  • Currency Monthly Rent Amt: 3800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Mar 28, 2025
Sold by
Pen Produce Inc
Bought by
Elite Fl Pads Llc
Seller's Agent
Jon Sullivan
KW SUNCOAST
Buyer's Agent
Jordan Ruvalcaba
MILLENNIA REALTY
List Price
$775,000
Sold Price
$740,000
Premium/Discount to List
-$35,000
-4.52%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.22%
Original Mortgage
$592,000
Outstanding Balance
$592,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$144,027

Purchase Details

Listed on
Aug 19, 2022
Closed on
Aug 15, 2022
Sold by
Gabriele Louis G and Gabriele Sandra E
Bought by
Pen Produce Inc
Seller's Agent
Patrick Bucko
MACHADO PROPERTY PROS
Buyer's Agent
Patrick Bucko
MACHADO PROPERTY PROS
List Price
$900,000
Sold Price
$710,000
Premium/Discount to List
-$190,000
-21.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$190,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 25, 2021
Closed on
Jul 7, 2021
Sold by
Kruse Robert J and Kruse Cathie J
Bought by
Gabriele Louis G and Gabriele Sandra E
Seller's Agent
Bradley Kayser
COLDWELL BANKER REALTY
Buyer's Agent
Patrick Bucko
MACHADO PROPERTY PROS
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.30%

Purchase Details

Closed on
Nov 19, 2003
Sold by
Myette Roger and Myette Roger P
Bought by
Kruse Robert J and Kruse Cathle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.93%

Purchase Details

Closed on
Jul 14, 2003
Sold by
Parker Gerald C and Parker Charlotte A
Bought by
Myette Roger P

Purchase Details

Closed on
Mar 30, 2000
Sold by
Myette Margaret Perini and Myette Margaret Perini
Bought by
Parker Gerald and Parker Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385
Interest Rate
8.38%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $740,000 Tiago National Title
Warranty Deed $710,000 Wickman Law Group Pllc
Warranty Deed $440,000 Attorney
Warranty Deed $210,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $592,000 New Conventional
Closed $387,000 New Conventional
Previous Owner $190,000 Seller Take Back
Previous Owner $100,000 No Value Available
Previous Owner $385 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $740,000 -4.5% $479 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $775,000 +9.2% $501 / Sq Ft
08/19/2022 08/19/22 Sold $710,000 -21.1% $215 / Sq Ft
08/19/2022 08/19/22 For Sale $900,000 +104.5% $273 / Sq Ft
07/07/2021 07/07/21 Sold $440,000 0.0% $285 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $440,000 0.0% $285 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $440,000 -- $285 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $2,116 $480,900 $366,000 $114,900
2023 $2,116 $521,400 $351,400 $170,000
2022 $4,859 $347,500 $243,600 $103,900
2021 $2,968 $187,600 $161,000 $26,600
2020 $2,876 $184,300 $161,000 $23,300
2019 $2,734 $186,000 $157,000 $29,000
2018 $3,006 $241,900 $158,800 $83,100
2017 $2,949 $120,516 $0 $0
2016 $2,224 $139,800 $52,700 $87,100
2015 $1,905 $99,600 $37,000 $62,600
2014 $1,925 $87,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4636795

Stellar MLS

APN: 0125-06-0003